All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.

Description

econ questions

Tags

Transcript

MULTIPLE CHOICE QUESTIONS IN Engineering Economy and Accounting Jaime R. Tiong 1.) A bookstore purchased a best-selling book at P200.00 per copy. At what price should this book be sold so that by giving a 20% discount, the profit is 30% A. P200.00 B. P300.00 C. P400.00 D. P500.00 2.) A businessman wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified? A. 13.02% B. 12.07% C. 10.89% D. 11.08% 3.) A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? A. 1 hour B. 1 hour and 10 minutes C. 1 hour and 15 minutes D. 1 hour and 30 minutes
4.) Dalisay Corporation’s gross margin is 45% of sale
s. Operating expenses such as sales and administration are 15% of sales. Dalisay Corporation is in 40% tax bracket. What percent of sales is their profit after taxes? A. 21% B. 20% C. 19% D. 18% 5.) In determining the cost involved in fabricating sub-assembly B within a company, the following data have been gathered: Direct material - P0.30 per unit Direct labor - P0.50 per unit Testing set-up - P300.00 per set-up It is decided to subcontract the manufacturing of assembly B to an outside company. For an order of 100 units, what is the cost per unit that is acceptable to the company? A. P3.80 B. P4.00 C. P4.10 D. P4.20 6.) By selling balut at P5 per dozen, a vendor gains 20%. The cost of the eggs rises by 12.5%. If he sells at the same price as before, find his new gain in %. A. 6.89%
B. 6.67% C. 6.58% D. 6.12% 7.) An equipment installation job in the completion stage can be completed in 50 days of 8 hour/day work, with 50 men working. With the contract expiring in 40 days, the mechanical engineer contractor decided to add 15 men on the job, overtime not being permitted. If the liquidated damages is P5000 per day of delay, and the men are paid P150 per day, how much money would he save with the additional workers? A. P43,450 B. P43,750 C. P44,250 D. P44,750 8.) In a certain department store, the monthly salary of a saleslady is partly constant and partly varies as the value of her sales for the month. When the value of her sales for the month is P10,000.00, her salary for the month is P900.00. When her monthly sales go up to P12,000.00, her monthly salary goes up to P1,000.00. What must be the value of her sales so that her salary for the month will be P2,000.00? A. P30,000 B. P31,000 C. P32,000 D. P33,000 9.) Jojo bought a second-hand Betamax VCR and then sold it to Rudy at a profit of 40%. Rudy then sold the VCR to Noel at a profit of 20%. If Noel paid P2,856 more than it costs Jojo, how much did Jojo pay for the unit? A. P4,100 B. P3,900 C. P4,000 D. P4,200 10.) The selling price of a TV set is double that of its net cost. If the TV set is sold to a customer at a profit of 25% of the net cost, how much discount was given to the customer? A. 37.5% B. 37.9% C. 38.2% D. 38.5% 11.) A Mechanical Engineer who was awarded a P450,000 contract to install the machineries of an oil mill failed to finish the work on time. As provided for in the contract, he has to pay a daily penalty equivalent to one fourth of one per cent per day for the first 10 days and 0.5% per day for the next 10 days and one per cent per day for everyday thereafter. If the total penalty was P60,750.00, how many days was the completion of the contract delayed? A. 26 days B. 27 days C. 28 days D. 29 days
12.) The quarrying cost of marble and granite blocks plus delivery cost to the processing plant each is P2,400.00 per cubic meter. Processing cost of marble into tile is P200.00 per square meter and that of the granite into tiles also is P600.00 per square meter. If marble has a net yield of 40 square meters of tile per cubic meter of block and sells P400 per square meter, and granite gives a net yield of 50 square meters of tiles per cubic meter of block and sells at P1000 per square meter. Considering all other costs to be the same, the granite is more profitable than the marble by how much? A. P12,000 per cubic meter B. P13,000 per cubic meter C. P14,000 per cubic meter D. P15,000 per cubic meter 13.) A man would like to invest P50,000 in government bonds and stocks that will give an overall annual return of about 5%. The money to be invested in government bonds will give an annual return of 4.5% and the stocks of about 6%. The investments are in units of P100.00 each. If he desires to keep his stock investment to minimum in order to reduce his risk, determine how many stocks should be purchased. A. 165 B. 166 C. 167 D. 168 14.) A 220 V 2 hp motor has an efficiency of 80%. If power costs P3.00 per kw-hr for the first 50 kw-hr, 2.90 per kw-hr for the second 50 kw-hr, P2.80 for the third kw-hr and so on until a minimum of P2.50 per kw-hr is reached. How much does it cost to run this motor continuously for 7 days? A. P800 B. P820 C. P840 D. P860 15.) An 8-meter concrete road pavement 500 meters long is desired to be constructed over a well-compacted gravel road, together with the necessary concrete curbs and gutters on both sides. In order to put the subgrade on an even level grade, a 500 cubic meters of sand filling is necessary, over which the 10 inch concrete pavement will be placed? Assume the following data: A. Sand fill, including rolling and watering = P100 per cubic meter B. Concrete pavement, 10 in thick (labor and materials) including curing = P220 per sq. Meter C. Curbs and gutters = P12 per linear meter
How much will the project cost allowing 15% for contingency? A. P1,207,000 B. P1,207,500 C. P1,208,000 D. P1,208,500 16.) An electric utility purchases 2,300,000 kw-hr per month of electric energy from National Power Corporation at P2.00 per kw-hr and sells all this to consumers after deducting distribution losses of 20%. At what average rate per kw-hr should this energy be sold to break even if the following are other monthly expenses in its operation: Taxes 2.5 % of gross revenue Salaries P750,000 Depreciation P2,250,000 Interest P700,000 Maintenance P300,000 Miscellaneous P200,000 A. P4.90 B. P5.20 C. P5.90 D. P6.30 17.) An engineer bidding on the asphalting of 7 km stretch of road is confronted with a problem of choosing between two possible sites on which to set-up the asphalt-mixing machine. Site A Site B Average hauling distance 2.5 km 2.75 km Monthly rental P35,000 P6,500 Installing and dismantling of machine P20,000 P10,000 At Site A, it would be necessary to hire 2 flagmen at P150 per working day. The job

Related Search

We Need Your Support

Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks