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Engineering Economics

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

Over head
Direct material
All of these
Direct labour

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Engineering Economics
What is the present worth of two P 100 payments at the end of the third year and fourth year? The annual interest rate is 8%.

P 150.56
P 153.89
P 151.09
P 152.88

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Engineering Economics
What is normally used to compare alternatives that accomplish the same purpose but have unequal lives?

Present worth method
Annual cost method
Capitalized cost method
MARR

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Engineering Economics
ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method.

9 years
8 years
10 years
7 eyars

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Engineering Economics
The owner of the construction company makes use of the estimate:

To determine economic feasibility of the project
To determine the capital investment costs
To assist in financial arrangements
All of these

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Engineering Economics
What is an accounting term that represents an inventory account adjustment?

Overhead cost
Cost accounting
Cost of goods sold
Standard cost

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