Description : What type of degree do I need to qualify for a manufacturing engineer job?
Last Answer : To qualify for a manufacturing engineer job is a minimum of a Bachelor of Science degree from the Accreditation Board of Engineering and Technology. According to, http://www.samplejobdescriptions.org/manufacturing ... helpful to have a master's degree in engineering as well as on the job experience.
Description : The manufacturing cost of 10 articles is Rs. 150 Tax on each article is `6%` of the manufacturing cost. Transportation cost comes to Re. 1 per article
Last Answer : The manufacturing cost of 10 articles is Rs. 150 Tax on each article is `6%` of the ... is the total cost more than the manufacturing cost ?
Description : 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
Last Answer : (B) Total annual product cost equals the total annual sales
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
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 : 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
Last Answer : (A) Fixed charges and plant overhead cost
Description : An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from ... cost (B) Depreciation by sinking fund method (C) Discrete compound interest (D) Cash ratio
Last Answer : (B) Depreciation by sinking fund method
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
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 : Which of the following characterist Which of the following characteristics is most ics is most typical of a continuous manufactur typical of a continuous manufacturing organization? a)The firm ... unit cost of production d)The firm creates many different products with many different characteristics
Last Answer : d)The firm creates many different products with many different characteristics
Description : What is the m What is the major differe ajor difference in focus bet nce in focus between locat ween location decision ion decisions in the service sect s in the service sector and in or and ... minimization d)The focus in manufacturing is on raw materials, while the focus in service is on labour
Last Answer : c)The focus in service is revenue maximization, while the focus in manufacturing is cost minimization
Description : Which of th rather than a manufacturing firm? of the following is most likely to kely to affect the location deci on decision of a service firm a. energy and utility utility costs b. attitude ... unions c. parking and access d. cost of shipping shipping finished finished goods e. labor costs
Last Answer : c. parking and acces
Description : Calculate the prime cost from the following information: Direct material purchased: Rs. 1,00,000 Direct material consumed: Rs. 90,000 Direct labour: Rs. 60,000 Direct expenses: Rs. 20,000 Manufacturing overheads: Rs. 30,000 (a) Rs. 1,80,000 (b) Rs. 2,00,000 (c) Rs. 1,70,000 (d) Rs. 2,10,000
Last Answer : (c) Rs. 1,70,000
Description : There are 2 plants manufacturing the same product under one corporate management which has decided to merge them. Calculate Break -even point of the merged plant. Particulars Plant I Plant II Capacity operation 100% ... 000 2,40,000 Variable cost 4,40,000 1,80,000 Fixed cost 80,000 50,000simpl
Last Answer : c) Rs 5,00,000
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
Description : Implicit cost refers to (a) Value of inputs owned by the firm and used in its own manufacturing process (b) Value of input or services purchased from outside and used in its own manufacturing ... and sold to others ; (d) Value of inputs or services for which no payments were made to outside
Last Answer : (d) Value of inputs or services for which no payments were made to outside