Discussion
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- Question
Gross earning is equal to the total income minus
Options- A. total product cost
- B. fixed cost
- C. income tax
- D. none of these
- Correct Answer
- total product cost
- 1. Pick out the wrong statement.
Options- A. Gross revenue is that total amount of capital received as a result of the sale of goods or service.
- B. Net revenue is the total profit remaining after deducting all costs excluding taxes.
- C. The ratio of immediately available cash to the total current liabilities is known as the cash ratio.
- D. Consolidated income statement based on a given time period indicates surplus capital and shows the relationship among total income, costs & profit over the time interval. Discuss
- 2. Annual depreciation costs are constant, when the __________ method of depreciation calculation is used.
Options- A. declining balance
- B. straight line
- C. sum of the years digit
- D. none of these Discuss
- 3. Cost incurred towards __________ in a chemical plant is a component of the utilities cost.
Options- A. water supply
- B. running a control laboratory
- C. property protection
- D. medical services Discuss
- 4. Utilities cost in the operation of chemical process plant comes under the
Options- A. plant overhead cost
- B. fixed charges
- C. direct production cost
- D. general expenses Discuss
- 5. "Break-even point" is the point of intersection of
Options- A. fixed cost and total cost.
- B. total cost and sales revenue.
- C. fixed cost and sales revenue.
- D. none of these. Discuss
- 6. Which of the following elements is not included in the scope of market analysis?
Options- A. Competition from other manufactures.
- B. Product distribution.
- C. Opportunities
- D. Economics Discuss
- 7. Direct costs component of the fixed capital consists of
Options- A. contingencies
- B. onsite and offsite costs
- C. labour costs
- D. raw material costs Discuss
- 8. In an ordinary chemical plant, electrical installation cost may be about
Options- A. 10-15% of purchased equipment cost.
- B. 3-10% of fixed capital investment.
- C. either (a) or (b).
- D. neither (a) nor (b). Discuss
- 9. Which of the following is not a component of working capital?
Options- A. Raw materials is stock.
- B. Finished products in stock.
- C. Transportation facilities.
- D. Semi-finished products in the process. Discuss
- 10. Most chemical plants use an initial working capital amounting to 10-20% of the total capital investment. But this percentage may increase to __________ percent in case of seasonal products manufacturing plant.
Options- A. 30
- B. 50
- C. 75
- D. 95 Discuss
Chemical Engineering Plant Economics problems
Search Results
Correct Answer: Net revenue is the total profit remaining after deducting all costs excluding taxes.
Correct Answer: straight line
Correct Answer: water supply
Correct Answer: direct production cost
Correct Answer: total cost and sales revenue.
Correct Answer: Economics
Correct Answer: onsite and offsite costs
Correct Answer: either (a) or (b).
Correct Answer: Transportation facilities.
Correct Answer: 50
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