Related Mcqs:

1. 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?

   A. n
   B. n0.6
   C. n0.4
   D. √n

2. Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost × (index value at present/ index value at time original cost was obtained). The most major component of this cost index is____________________?

   A. Fabricated equipment and machinery
   B. Process instruments and control
   C. Pumps and compressor
   D. Electrical equipments and material

3. When average cost is falling marginal cost is ________ and when average cost is rising marginal cost is?

   A. greater than average cost, greater than average cost
   B. less than average cost, greater than average cost
   C. less than average cost, less than average cost
   D. greater than average cost, less than average cost

4. The model, in which the produced unit doubles every time as the cumulative average time per unit decreases, by a constant percentage can be classified as ___________?

   A. cumulative average time learning model
   B. cumulative mean learning model
   C. cumulative weighted learning model
   D. cumulative average pricing model

5. The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now ?

   A. 10 months
   B. 11 months
   C. 12 months
   D. 13 months

6. If the selling price is $5000, variable manufacturing cost per unit is $1500 and variable marketing cost per unit is $500, then contribution margin per unit will be __________?

   A. $7,000
   B. $3,000
   C. $4,000
   D. $5,000

7. If the contribution margin per unit is $5000, the selling price is $1500 and the variable manufacturing cost per unit is $1200, then per unit cost of marketing will be ___________?

   A. $4,200
   B. $2,300
   C. $7,700
   D. $6,700

8. If the contribution margin per unit is $7500, selling price is $1300 and variable manufacturing cost per unit is $1700, then per unit cost of marketing would be _________?

   A. $4,500
   B. $5,500
   C. $6,500
   D. $7,500

9. If the selling price is $2500, variable manufacturing cost per unit is $1000 and variable marketing cost per unit is $500, then contribution margin per unit will be ___________?

   A. $4,000
   B. $2,500
   C. $1,000
   D. $15,000

10. The cost of 10 kg of apples is equal to the cost of 24 kg of rice. The cost of 6 kg of flour equals the cost of 2 kg of rice. The cost of each kg of flour is Rs.20.50. Find the total cost of 4 kg of apples, 3 kg of rice and 5 kg of flour?

    A. Rs.849.40
    B. Rs.877.40
    C. Rs.901.60
    D. Rs.815.20
    E. None of these
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