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Engineering Economics

Engineering Economics
The wages of supervisors and material handlers are charged as:

Indirect labour cost
Over head
Direct labour cost
None of these

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Engineering Economics
What is the change in cost per unit variable change called?

Fixed cost
Supplemental cost
Variable cost
Incremental cost

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Engineering Economics
What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results?

Design depreciation
Physical depreciation
Demand depreciation
Functional depreciation

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Engineering Economics
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want?

Goods
Commodities
Goods or commodities
Services

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Engineering Economics
The financial health of the company is measured in terms of:

Liquidity
All of these
Relative risk
Solvency

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Engineering Economics
Mr. Bacani borrowed money from the bank. He received from the bank P1,842 and promised to repay P2,000 at the end of 10 months. Determine the rate of simple interest.

0.1154
0.1219
0.1029
0.1203

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