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

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
by

1 Answer

Answer :

(C) General expenses
by

Related questions

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 expenses = administrative expenses + distribution & marketing expenses (C) Total product cost = manufacturing cost + general expenses (D) Total product cost = direct production cost + plant overhead cost

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

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

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

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

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

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

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Last Answer : (A) General expenses

Factory manufacturing cost is the sum of the direct production cost (A) Fixed charges and plant overhead cost (B) And plant overhead cost (C) Plant overhead cost and administrative expenses (D) None of these

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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

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

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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

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

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

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

Manufacturing cost in a chemical company does not include the (A) Fixed charges (B) Plant overheads (C) Direct products cost (D) Administrative expenses

Description : Manufacturing cost in a chemical company does not include the (A) Fixed charges (B) Plant overheads (C) Direct products cost (D) Administrative expenses

Last Answer : (D) Administrative expenses

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

Description : 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

Last Answer : (A) Market survey

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

While Computing the actual cost of any asset falling within a block, direct cost attributable to bring the asset to its present location and working condition for its intended use(i.e. expenses incurred for acquiring the asset e.g. freight, insurance, etc.) a) Be added to the purchase price b) Be subtracted from the purchase price c) Be subtracted from WDV d) Be claimed as revenue expenditure

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Last Answer : b) Be subtracted from the purchase price

______ provides an estimate of the capital amount that may be required for buying fixed assets needed for meeting production requirements. A. Production budget B. Cash budget C. Capital expenditure budget D. None of the above

Description : ______ provides an estimate of the capital amount that may be required for buying fixed assets needed for meeting production requirements. A. Production budget B. Cash budget C. Capital expenditure budget D. None of the above

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Construction expenses are roughly __________ percent of the total direct cost of the plant. (A) 2 (B) 10 (C) 30 (D) 50

Description : Construction expenses are roughly __________ percent of the total direct cost of the plant. (A) 2 (B) 10 (C) 30 (D) 50

Last Answer : B) 10

Which of the following economic concepts is categorised on the basis of Current Account or Capital Account or both? A. Balance of Payments B. Value of the food grain stock of a country C. Gross National Product D. Gross National Income(GNI) E. Total collection of Direct Taxes in a year

Description : Which of the following economic concepts is categorised on the basis of Current Account or Capital Account or both? A. Balance of Payments B. Value of the food grain stock of a country C. Gross National Product D. Gross National Income(GNI) E. Total collection of Direct Taxes in a year

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Maximum production start up cost for making a chemical plant operational is about __________ percent of the fixed capital cost. (A) 1 (B) 5 (C) 10 (D) 30

Description : Maximum production start up cost for making a chemical plant operational is about __________ percent of the fixed capital cost. (A) 1 (B) 5 (C) 10 (D) 30

Last Answer : (C) 10

Marginal cost is computed as A. Prime cost + All Variable overheads B. Direct material + Direct labour + Direct Expenses + All variable overheads C. Total costs – All fixed overheads D. All of the above

Description : Marginal cost is computed as A. Prime cost + All Variable overheads B. Direct material + Direct labour + Direct Expenses + All variable overheads C. Total costs – All fixed overheads D. All of the above

Last Answer : A. Prime cost + All Variable overheads

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 of buildings in a chemical plant is about 3% of its initial cost (C) Insurance rates on annual basis in a chemical plant may be about 1% of the fixed capital investment (D) In a chemical industry, research and development cost amounts to about 15% of net sales realisation (NSR)

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)

Fixed cost is known as - (1) Special cost (2) Direct cost (3) Prime cost (4) Overhead cost

Description : Fixed cost is known as - (1) Special cost (2) Direct cost (3) Prime cost (4) Overhead cost

Last Answer : (4) Overhead cost. Explanation: Fixed costs are business expenses that are not dependent on the level of goods or services produced by the business. They tend to be time-related, such as salaries or ... is in contrast to variable costs, which are volume-related (and are paid per quantity produced).

Fixed cost is known as (1) Special cost (2) Direct cost (3) Prime cost (4) Overhead cost

Description : Fixed cost is known as (1) Special cost (2) Direct cost (3) Prime cost (4) Overhead cost

Last Answer :  Overhead cost

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Description : Which of the following is not deferred revenue expenditure? A. Heavy advertisement expenditure. B. Expenses incurred in removing the business to more convenient premises. C. Preliminary expenses. D. Depreciation on fixed assets.

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Conversion cost is the sum total of: A. Direct material cost and direct wages cost B. Direct wages, direct expenses and factory overheads C. Indirect wages and factory overheads D. Indirect wages, direct wages & factory overheads

Description : Conversion cost is the sum total of: A. Direct material cost and direct wages cost B. Direct wages, direct expenses and factory overheads C. Indirect wages and factory overheads D. Indirect wages, direct wages & factory overheads

Last Answer : C. Indirect wages and factory overheads

Which of the following cannot be treated as revenue expenditure? A. Cost of goods purchased for resale. B. Wages paid for the erection of plant and machinery. C. Obsolescence cost. D. Expenses incurred by way of repairs of existing assets which do not in any way add to their earning capacity.

Description : Which of the following cannot be treated as revenue expenditure? A. Cost of goods purchased for resale. B. Wages paid for the erection of plant and machinery. C. Obsolescence cost. D. Expenses incurred by way of repairs of existing assets which do not in any way add to their earning capacity.

Last Answer : B. Wages paid for the erection of plant and machinery.

Products that are used directly in the production of a final product but are not easily identifiable are categorised as A)accessory products. B)component parts. C)consumable supplies. D)assembly components. E)process materials

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Last Answer : E)process materials

Projection welding & stud welding is categorised as the __________ welding. (A) Pressure (B) Thermit (C) Resistance (D) Arc

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Last Answer : C) Resistance

There were 35 students in a hostel. If the number of students increase by 7, the expenses of the mess increase by Rs 42 per day while the average expenditure per head diminishes by Rs 1. Find the original expenditure of the mess? A.450 B.420 C.430 D.410 E.None of these

Description : There were 35 students in a hostel. If the number of students increase by 7, the expenses of the mess increase by Rs 42 per day while the average expenditure per head diminishes by Rs 1. Find the original expenditure of the mess? A.450 B.420 C.430 D.410 E.None of these 

Last Answer : Answer - B (420) Explanation - Suppose the average expenditure was Rs a. Then total expenditure = 35a When 7 more students join the mess, total expenditure = 35a + 42 Now, the average expenditure= (35a+42) / (35 + 7) ... 42 =(a - 1) or, 35a + 42 = 42a - 42 7a = 84 a = 12

There were 126 people in a Inn. Due to the entry of 39 new people, the expenses of the inn increase by Rs. 93 per day while the average expenditure per head diminished by Rs. 9. What was the original expenditure of the inn? A) Rs. 6343 B) Rs.5098 C) Rs.6215 D) Rs. 5476

Description : There were 126 people in a Inn. Due to the entry of 39 new people, the expenses of the inn increase by Rs. 93 per day while the average expenditure per head diminished by Rs. 9. What was the original expenditure of the inn? A) Rs. 6343 B) Rs.5098 C) Rs.6215 D) Rs. 5476

Last Answer : Answer: B)  Let per day average expense = x 126x + 93 = 165(x-9) 126x+93=165x-1485 1578=39x X=40.46 original expenditure = 126*40.46 = Rs 5098

If marketers in an organisation set prices to recover research and development expenses and establish a premium quality image for its product, they have in mind which type of pricing objective? A)Survival B)Return on investment C)Market share D)Product quality E)Cash flow

Description : If marketers in an organisation set prices to recover research and development expenses and establish a premium quality image for its product, they have in mind which type of pricing objective? A)Survival B)Return on investment C)Market share D)Product quality E)Cash flow

Last Answer : D)Product quality

In a manufacturing industry, breakeven point occurs, when the (A) Total annual rate of production equals the assigned value (B) Total annual product cost equals the total annual sales (C) Annual profit equals the expected value (D) Annual sales equals the fixed cost

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Last Answer : (B) Total annual product cost equals the total annual sales

Nivetha buys a tape recorder for Rs.450. His overhead expenses are Rs.30 she sells the tape recorder for Rs.600. The profit percent of nivetha is

Description : Nivetha buys a tape recorder for Rs.450. His overhead expenses are Rs.30 she sells the tape recorder for Rs.600. The profit percent of nivetha is

Last Answer : Cost price + profit = selling price Cost price = 450 + 30= 480 Profit=sp-cp =600-480 =120 Profit%= 120/480*100 X = 12000/480 X = 25 %.

The energy consumption and production patterns in a chemical plant over a 9 month period is provided in the table below; Month 1 2 3 4 5 6 7 8 9 Production in Tonnes / month 493 297 381 479 585 440 234 239 239 Energy Consumption MWh /month 78.2 75.7 76.3 76.1 78.1 70.7 73.7 64.4 72.1 Estimate the cumulative energy savings at end of the 9th month and give your inference on the result ? ( consider 9 month data for evaluation for predicted energy consumption)

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Water flow in the river during flood can be categorised as the __________ flow. (A) Unsteady uniform (B) Unsteady non-uniform (C) Steady uniform (D) Steady non-uniform

Description : Water flow in the river during flood can be categorised as the __________ flow. (A) Unsteady uniform (B) Unsteady non-uniform (C) Steady uniform (D) Steady non-uniform

Last Answer : Option B

'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 cost. (A) 1 to 5 (B) 10 to 20 (C) 25 to 35 (D) 35 to 45

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

Plant utilization budget and Manufacturing overhead budgets are types of A. Production budget B. Sales budget C. Cost budget D. None of the above

Description : Plant utilization budget and Manufacturing overhead budgets are types of A. Production budget B. Sales budget C. Cost budget D. None of the above

Last Answer : C. Cost budget

The most abundant prokaryotes helpful to humans in marking curd from milk and in production of antibiotics are the ones categorised as (1) Heterotrophic bacteria (2) Cyanobacteria (3) Archaebacteria (4) Chemosynthetic autotrophs

Description : The most abundant prokaryotes helpful to humans in marking curd from milk and in production of antibiotics are the ones categorised as (1) Heterotrophic bacteria (2) Cyanobacteria (3) Archaebacteria (4) Chemosynthetic autotrophs

Last Answer : (1) Heterotrophic bacteria

Marginal product is…………. (a) Rate at which total production changes with change in variable input; (b) Rate at which total production changes with change in total cost; (c) Rate at which total production changes with change in fixed cost ; (d) None

Description : Marginal product is…………. (a) Rate at which total production changes with change in variable input; (b) Rate at which total production changes with change in total cost; (c) Rate at which total production changes with change in fixed cost ; (d) None

Last Answer : (a) Rate at which total production changes with change in variable input; 

(d) Rs 1.50 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 overheads 54,000 58,000 62,000 Other overheads 40,000 40,000 40,000 Total Cost 304,000 343,000 382,000 What would be the total cost in a budget that is prepared at the 77% level of activity? (a) Rs 330,300 (b) Rs 370,300 (c) Rs 373,300 (d) Rs 377,300

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Last Answer : (b) Rs 370,300

Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital investment requires minimum percentage of it? (A) Electrical installation cost (B) Equipment installation cost (C) Cost for piping (D) Equipment insulation cost

Description : Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of ... (B) Equipment installation cost (C) Cost for piping (D) Equipment insulation cost

Last Answer : (D) Equipment insulation cost

Which one of the following pairs of chemical substances, is correctly categorised? (a) Calcitonin and thymosin - Thyroid hormones (b) Pepsin and prolactin - Two digestive enzymes secreted in stomach (c) Troponin and myosin - Complex proteins in striated muscles (d) Secretin and rhodopsin - Polypeptide hormones

Description : Which one of the following pairs of chemical substances, is correctly categorised? (a) Calcitonin and thymosin - Thyroid hormones (b) Pepsin and prolactin - Two digestive enzymes secreted in ... and myosin - Complex proteins in striated muscles (d) Secretin and rhodopsin - Polypeptide hormones

Last Answer : (c) Troponin and myosin - Complex proteins in striated muscles

Overhead refers to: (a) Direct or Prime Cost (b) All Indirect costs (c) only Factory indirect costs

Description : Overhead refers to: (a) Direct or Prime Cost (b) All Indirect costs (c) only Factory indirect costs

Last Answer : (b) All Indirect costs

Cost of piping in a fluid processing unit (e.g., distillation) of a chemical process plant is about __________ percent of the fixed capital investment. (A) 4 (B) 13 (C) 22 (D) 34

Description : Cost of piping in a fluid processing unit (e.g., distillation) of a chemical process plant is about __________ percent of the fixed capital investment. (A) 4 (B) 13 (C) 22 (D) 34

Last Answer : (B) 13

Purchased cost of equipments for a chemical process plant ranges from __________ percent of the fixed capital investment. (A) 10 to 20 (B) 20 to 40 (C) 45 to 60 (D) 65 to 75

Description : Purchased cost of equipments for a chemical process plant ranges from __________ percent of the fixed capital investment. (A) 10 to 20 (B) 20 to 40 (C) 45 to 60 (D) 65 to 75

Last Answer : (B) 20 to 40

Pick up the correct statement from the following: (A) The incidental expenses of a miscellaneous character which could not be predicted during preparation of the estimate, is called contingencies (B) Additional supervising staff engaged at work site, is called work charged establishment (C) Detailed specifications specify qualities, quantities and the proportions of materials to be used for a particular item (D) All the above

Description : Pick up the correct statement from the following: (A) The incidental expenses of a miscellaneous character which could not be predicted during preparation of the estimate, is called contingencies (B) ... and the proportions of materials to be used for a particular item (D) All the above

Last Answer : (D) All the above

Which countries have been categorised as rich countries according to the World Development Report ? -SST 10th

Description : Which countries have been categorised as rich countries according to the World Development Report ? -SST 10th

Last Answer : Countries with per capital income of US $ 12276 per annum and above in 2010 are called rich countries.

Which countries have been categorised as low income countries according to World Development Report ? -SST 10th

Description : Which countries have been categorised as low income countries according to World Development Report ? -SST 10th

Last Answer : Countries with per capital income of US $ 1005 or less are called low income countries.

AS -10 (Accounting Standard on Fixed Assets) does not deal with accounting for the following items to which special considerations apply A. Forests, plantations and similar regenerative natural resources B. Wasting assets including material rights, expenditure on the exploration for and extraction of minerals, oil, natural gas and similar non-regenerative resources C. Expenditure on real estate development and livestock D. None of the above

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Last Answer : D. None of the above

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

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

A family spends ₹500 monthly as a fixed amount on milk and extra milk costs ₹ 20 per kg. Taking quantity of extra milk as x and total expenditure on milk as y. Write a linear equation and fill the table. -Maths 9th

Description : A family spends ₹500 monthly as a fixed amount on milk and extra milk costs ₹ 20 per kg. Taking quantity of extra milk as x and total expenditure on milk as y. Write a linear equation and fill the table. -Maths 9th

Last Answer : Solution :-

The depth of any research can be judged by: (A) title of the research. (B) objectives of the research. (C) total expenditure on the research. (D) duration of the research.

Description : The depth of any research can be judged by: (A) title of the research. (B) objectives of the research. (C) total expenditure on the research. (D) duration of the research.

Last Answer : A.