Q. In a chemical process plant, the total product cost comprises of manufacturing cost and the
✅ Correct Answer: (A)
General expenses
Chemical Engineering Plant Economics MCQs | Page - 5
Dear candidates you will find MCQ questions of Chemical Engineering Plant Economics here. Learn these questions and prepare yourself for coming examinations and interviews. You can check the right answer of any question by clicking on any option or by clicking view answer button.
Q. Factory manufacturing cost is the sum of the direct production cost
✅ Correct Answer: (C)
Fixed charges and plant overhead cost
Q. Manufacturing cost in a chemical company does not include the
✅ Correct Answer: (D)
Administrative expenses
Q. Which of the following is not a component of depreciation cost?
✅ Correct Answer: (A)
Repairs and maintenance cost
Q. Cost incurred towards __________ in a chemical plant is a component of the utilities cost.
✅ Correct Answer: (B)
Water supply
Q. A balance sheet for a chemical plant shows its financial condition at any given date. It does not contain the __________ of the plant.
✅ Correct Answer: (D)
Profit
Q. Pick out the wrong statement.
✅ Correct Answer: (A)
Plates with butt welded joints are less expensive compared to lap welded joints, because squaring of plates is not necessary
Q. Utilities cost in the operation of chemical process plant comes under the
✅ Correct Answer: (C)
Direct production cost
Q. Which of the following does not come under the sales expenses for a product of a chemical plant?
✅ Correct Answer: (C)
Legal fees
Q. According to six-tenths-factor rule, if the cost of a given unit at one capacity is known, then the cost of similar unit with times the capacity of the first unit is approximately equal to __________ times the cost of the initial unit.
✅ Correct Answer: (B)
n0.6
Jump to