Chemical Engineering Plant Economics
Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost x (index value/(index value at original cost was obtained) The most major component of this cost index is

Fabricated equipment and machinery
Electrical equipments and material
Process instruments and control
Pumps and compressor

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Chemical Engineering Plant Economics
Which of the following relationship is not correct is case of a chemical process plant?

General expenses = administrative expenses + distribution & marketing expenses
Manufacturing cost = direct product cost + fixed charges + plant overhead costs
Total product cost = direct production cost + plant overhead cost
Total product cost = manufacturing cost + general expenses

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Chemical Engineering Plant Economics
In a manufacturing industry, break even point occurs, when the

Annual profit equals the expected value
Total annual rate of production equals the assigned value
Total annual product cost equals the total annual sales
Annual sales equals the fixed cost

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