Chemical Engineering Plant Economics
The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the

Book value at the end of (n - 1)th year
Difference between initial cost and salvage value
Depreciation during the (n - 1)th year
Initial cost

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

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

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