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 General expenses = administrative expenses + distribution & marketing expenses Total product cost = manufacturing cost + general expenses Manufacturing cost = direct product cost + fixed charges + plant overhead costs Total product cost = direct production cost + plant overhead cost General expenses = administrative expenses + distribution & marketing expenses Total product cost = manufacturing cost + general expenses Manufacturing cost = direct product cost + fixed charges + plant overhead costs ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Profit is equal to revenue minus None of these Total cost Book value Operating cost None of these Total cost Book value Operating cost ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Operating profit of a chemical plant is equal to Profit before interest and tax i.e., net profit + interest + tax Profit after tax plus depreciation Net profit + tax Profit after tax Profit before interest and tax i.e., net profit + interest + tax Profit after tax plus depreciation Net profit + tax Profit after tax ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics The payback method for the measurement of return on investment Underemphasises liquidity Takes into account the cash inflows after the recovery of investments Does not measure the discounted rate of return Gives a correct picture of profitability Underemphasises liquidity Takes into account the cash inflows after the recovery of investments Does not measure the discounted rate of return Gives a correct picture of profitability ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Functional depreciation of an equipment is the measure of decrease in its value due to its Obsolescence Ageing Wear and tear Breakdown or accident Obsolescence Ageing Wear and tear Breakdown or accident ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Which of the following does not come under the sales expenses for a product of a chemical plant? Advertising Warehousing Legal fees Customer service Advertising Warehousing Legal fees Customer service ANSWER DOWNLOAD EXAMIANS APP