Total product cost of a chemical plant does not include the __________ cost.
(A) Market survey
(B) Operating labour, supervision and supplies
(C) Overhead and utilities
(D) Depreciation, property tax and insurance

1 Answer

Answer :

(A) Market survey

Related questions

Description : Fixed charges for a chemical plant does not include the (A) Interest on borrowed money (B) Rent of land and buildings (C) Property tax, insurance and depreciation (D) Repair and maintenance charges

Last Answer : D) Repair and maintenance charges

Description : Effluent treatment cost in a chemical plant is categorised as the __________ cost. (A) Fixed (B) Overhead (C) Utilities (D) Capital

Last Answer : (C) Utilities

Description : Utilities cost in the operation of chemical process plant comes under the (A) Plant overhead cost (B) Fixed charges (C) Direct production cost (D) General expenses

Last Answer : C) Direct production cost

Description : 'Utilities' in a chemical process plant includes compressed air, steam, water, electrical power, oxygen, acetylene, fuel gases etc. Utility costs for ordinary chemical process plants ranges roughly from __________ percent of the total product ... 1 to 5 (B) 10 to 20 (C) 25 to 35 (D) 35 to 45

Last Answer : (B) 10 to 20

Description : The operating expense section of an income statement for a wholesaler would not include a. freight-out. b. utilities expense. c. cost of goods sold. d. insurance expense

Last Answer : d. insurance expense

Description : Cost incurred towards __________ in a chemical plant is a component of the utilities cost. (A) Water supply (B) Running a control laboratory (C) Property protection (D) Medical services

Last Answer : (A) Water supply

Description : Expenditure on research and development (R & D) is categorised as the __________, while making an estimate of the total product cost for a chemical plant. (A) Overhead cost (B) Fixed expenses (C) General expenses (D) Direct production cost

Last Answer : (C) General expenses

Description : Operating profit of a chemical plant is equal to (A) Profit before interest and tax i.e., net profit + interest + tax (B) Profit after tax plus depreciation (C) Net profit + tax (D) Profit after tax

Last Answer : (A) Profit before interest and tax i.e., net profit + interest + tax (B) Profit after tax plus depreciation

Description : In a chemical process plant, the total product cost comprises of manufacturing cost and the (A) General expenses (B) Overhead cost (C) R & D cost (D) None of these

Last Answer : (A) General expenses

Description : Which of the following relationship is not correct is case of a chemical process plant? (A) Manufacturing cost = direct product cost + fixed charges + plant overhead costs (B) General ... manufacturing cost + general expenses (D) Total product cost = direct production cost + plant overhead cost

Last Answer : (D) Total product cost = direct production cost + plant overhead cost

Description : Cash inflows from a project include: A. tax shield of depreciation B. after tax operating profits C. raising of funds D. Both (a) and (b)

Last Answer : D. Both (a) and (b)

Description : The items of fixed cost are: a. Depreciation and labour b. insurance and repair c. Taxes and fuels d. Interest and housing

Last Answer : d. Interest and housing

Description : During September, 300 labour hours were worked for a total cost of Rs 4800. The variable  overhead expenditure variance was Rs 600 (A). Overheads are assumed to be related to direct labour  hours of active working. What was the standard cost per labour hour? (a) Rs 14 (b) Rs 16.50 (c) Rs 17.50

Last Answer : (a) Rs 14

Description : Pick out the wrong statement. (A) The annual depreciation rate for machinery and equipments in a chemical process plant is about 10% of the fixed capital investment (B) Annual depreciation rate ... chemical industry, research and development cost amounts to about 15% of net sales realisation (NSR)

Last Answer : (D) In a chemical industry, research and development cost amounts to about 15% of net sales realisation (NSR)

Description : The 'total capital investment' for a chemical process plant comprises of the fixed capital investment and the (A) Overhead cost (B) Working capital (C) Indirect production cost (D) Direct production cost

Last Answer : (B) Working capital

Description : GDP at factor cost exceeds GDP at market price (a) When the factor income from abroad is negative ; (b) When depreciation on fixed capital exceeds income in investment; (c) When direct tax exceeds indirect tax ; (d) When subsidies exceeds indirect taxes.

Last Answer : (d) When subsidies exceeds indirect taxes. 

Description : Which one of the following is the most appropriate task of office management ? (A) Creation of profit centre (B) Creation of control centre (C) Making office supplies available (D) Supervision of production Quality Control

Last Answer : Answer: Creation of control centre

Description : Depreciation is defined as A) destruction of a plant in a fire accident B) loss of equipment over time due to wear and tear C) closure of a plant due to labour trouble D) closure of a plant due to lockout

Last Answer : Answer: B

Description : In McCabe-Thiele method, at infinite reflux ratio (A) The overhead product is minimum (B) Both the operating lines coincide with diagonal (C) Both (A) and (B) (D) Neither (A) nor (B)

Last Answer : (A) The overhead product is minimum

Description : In McCabe-Thiele method, at infinite reflux ratio (A) Number of plates is maximum (B) Overhead product is maximum (C) Both the operating lines coincide with the diagram (D) None of these

Last Answer : (C) Both the operating lines coincide with the diagram

Description : Internal costs include a) Developers salaries b) Managers and support personnel salaries c) The cost of overheads such as utilities, rent and senior  managers d) Materials (such as manuals) and services such as travel e) All of the above.

Last Answer : a) Developers salaries

Description : Which of the following is not a component of the fixed capital for a chemical plant facility? (A) Raw materials inventory (B) Utilities plants (C) Process equipment (D) Emergency facilities

Last Answer : (A) Raw materials inventory

Description : The value of a property decreases __________ with time in straight line method of determining depreciation. (A) Linearly (B) Non-linearly (C) Exponentially (D) Logarithmically

Last Answer : A) Linearly

Description : Under the Income Tax Act 1961, Depreciation on machinery is charged on : a) Purchase Price of the machinery b) Market Price of the Machine c) Written Down value d) A or B which is less

Last Answer : c) Written Down value

Description : Depreciation of machines fails under the indirect expenses head. As per income tax regulations, it is calculated by the __________ method. (A) Diminishing balance (B) Sinking fund (C) Multiple straight line (D) Sum of the years digit

Last Answer : (A) Diminishing balance

Description : Large investment is made in fixed assets, the project will be termed as __________. A. Capital Intensive. B. Labour Intensive. C. Product Intensive. D. Market Intensive.

Last Answer : A. Capital Intensive.

Description : Location decisions Location decisions should consi should consider all der all of the followi he following except ng except a. Product cost b. Access to markets Access to markets c. Access to labour skills d. Local government government tax incentives

Last Answer : a. Product cost

Description : In declining balance method of depreciation calculation, the (A) Value of the asset decreases linearly with time (B) Annual cost of depreciation is same every year (C) Annual depreciation is the fixed percentage of the property value at the beginning of the particular year (D) None of these

Last Answer : (C) Annual depreciation is the fixed percentage of the property value at the beginning of the particular year

Description : Depreciation (A) Costs (on annual basis) are constant when the straight line method is used for its determination (B) Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time ... income tax liability on cash flows from an investment (D) All (A), (B) and (C)

Last Answer : (D) All (A), (B) and (C)

Description : In batch distillation with constant reflux, overhead product composition __________ with time. (A) Increases (B) Decreases (C) Does not vary (D) May increase on decrease, depends on the system

Last Answer : (B) Decreases

Description : Operating system, editors, and debuggers comes under? A) System Software B) Application Software C) Utilities D) None of the above

Last Answer : Answer : A

Description : A _________ helps in converting programming languages to machine language. A. Operating system B. System Utilities C. Language translator D. Application software

Last Answer : C. Language translator

Description : ______ are system programs, which are responsible for proper functioning of devices. A. Device Drivers B. Language translators C. System Utilities D. Operating system

Last Answer : A. Device Drivers

Description : ______ is the first layer of software loaded into computer memory when it starts up. A. Device Drivers B. Language translators C. System Utilities D. Operating system

Last Answer : D. Operating system

Description : ___________programs perform day to day tasks related to the maintenance of the computer system. A. Operating system B. System Utilities C. Language translators D. Application software

Last Answer : System Utilities

Description : Operating Systems, editors and debuggers comes under: a) System Software b) Application Software c) Utilities d) None of The Above

Last Answer : a) System Software

Description : Which of the following liabilities are not related to the operating cycle? a. Wages payable b. Accounts payable c. Utilities payable d. Bonds payable

Last Answer : d. Bonds payable

Description : Can I live in a pole barn building If it is on a residential property All Utilities are installed.?

Last Answer : Its probably a good idea to speak with your state or county about their requirements for habitability before you make a final decision on whether to live in a pole barn in your area or not. Every ... may protest and take it to council when they find out what is being built in their neighbourhood.

Description : Pipelines carrying various utilities in chemical industries are identified by their colour codes. The color of pipeline carrying steam is (A) Black (B) Silver grey (C) Green (D) Yellow

Last Answer : ) Silver grey

Description : Breakeven point represents the condition, when the company runs under no profit no loss condition. In break even analysis, total cost comprises of fixed cost (A) Only (B) Plus variable cost (C) Plus overhead cost (D) Plus selling expenses

Last Answer : Option B

Description : Which authority supervises the Kooperativa insurance company, please?

Last Answer : The superior body is the Ministry of Finance http://www.mfcr.cz/cs/soukromy-sektor/pojistovnictvi/pravni-ramce

Description : Corporation tax is a tax imposed on - (1) the net incomes of the companies (2) the corporate properties (3) the utilities provided by the corporation (4) tax imposed by the corporation on individual properties

Last Answer : (1) the net incomes of the companies Explanation: Corporate Tax is a levy placed on the profit of a firm, with different rates used for different levels of profits. Corporate taxes are ... taxable period. Most countries tax all corporations doing business in the country on income from that country.

Description : Corporation tax is a tax imposed on (1) the net incomes of the companies (2) the corporate properties (3) the utilities provided by the corporation (4) tax imposed by the corporation on individual properties

Last Answer : the net incomes of the companies

Description : Q.61. CA Co manufactures a single product and has drawn up the following flexed budget for the year.  60% 70% 80%  Rs Rs Rs Direct materials 120,000 140,000 160,000 Direct labour 90,000 105,000 120,000 Production ... activity? (a) Rs 330,300 (b) Rs 370,300 (c) Rs 373,300 (d) Rs 377,300

Last Answer : (b) Rs 370,300

Description : Pick out the wrong statement. (A) Gross margin = net income - net expenditure (B) Net sales realisation (NSR) = Gross sales - selling expenses (C) At breakeven point, NSR is more than the total production cost (D) Net profit = Gross margin - depreciation - interest

Last Answer : (C) At breakeven point, NSR is more than the total production cost

Description : Which of the following is not a component of depreciation cost? (A) Repairs and maintenance cost (B) Loss due to obsolescence of the equipment (C) Loss due to decrease in the demand of product (D) Loss due to accident/breakdown in the machinery

Last Answer : (A) Repairs and maintenance cost

Description : ______ information can be derived from the financial accounting systems - utilities cost centre a) Plant level b) Plant department level c) System level d) Equipment level

Last Answer : plant level

Description : Value-added means value of - (1) output at factor cost (2) output at market prices (3) goods and services less depreciation (4) goods and services less cost of intermediate goods and services

Last Answer : (4) goods and services less cost of intermediate goods and services Explanation: Value added is an economic term to express the difference between the value of goods and the cost of materials or ... services by others. So it is of goods and services less cost of intermediate goods and services.

Description : Net factor income from abroad is equal to (a) NNP at market price – NDP at market price ; (b) NDP at market prices – Indirect taxes + Subsidies ; (c) NDP at factor cost + Depreciation ; (d) NNP at market prices + Depreciation

Last Answer : (a) NNP at market price – NDP at market price ;

Description : Value-added means value of (1) output at factor cost (2) output at market prices (3) goods and services less depreciation (4) goods and services less cost of intermediate goods and services

Last Answer : goods and services less cost of intermediate goods and services