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Engineering Economics

Engineering Economics
Pick up the element of the cost from the following:

All of these
Direct labour
Direct material
Over head

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Engineering Economics
The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit is known as ______.

Economic return
Gain
Yield
Earning value

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Engineering Economics
What is considered as the basic consuming or demanding unit of a commodity?

Producer
Buyer or consumer
Manufacturer
Seller

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Engineering Economics
A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000

1,033
1,053
1,037
1,043

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Engineering Economics
A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year?

P702.15
P700.12
P705.42
P693.12

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Engineering Economics
What refers to the amount of a product made available for sale?

Product
Supply
Good
Demand

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