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Chemical Engineering Plant Economics

Chemical Engineering Plant Economics
Generally, income taxes are based on the

Gross earning
Fixed cost
Total product cost
Total income

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Chemical Engineering Plant Economics
Total product cost of a chemical plant does not include the __________ cost.

Depreciation, property tax and insur-rance
Operating labour, supervision and supplies
Market survey
Overhead and utilities

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Chemical Engineering Plant Economics
Effluent treatment cost in a chemical plant is categorised as the __________ cost.

Fixed
Overhead
Capital
Utilities

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Chemical Engineering Plant Economics
Out of the following, the depreciation calculated by the __________ method is the maximum.

Sinking fund
Sum of the years digit
Diminishing balance
Straight line

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Chemical Engineering Plant Economics
For a given fluid, as the pipe diameter increases, the pumping cost

Remains the same
Increases
May increase or decrease, depending upon whether the fluid is Newtonian or non-Newtonian
Decreases

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Chemical Engineering Plant Economics
In financial accounting of a chemical plant, which of the following relationship is invalid?

Assets = capital
Assets = liabilities + net worth
Total income = costs + profits
Assets = equities

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