1Overhead costs include:AUtilities used per unit onlyBProduct salesCAdministration, insurance and plant servicesDRaw materials onlyView AnswerDiscussWorkspaceReportSaveEasy
2Cost indices such as CEPCI are used to:ACompute depreciationBCalculate taxesCUpdate past equipment costs to present valuesDMeasure plant efficiencyView AnswerDiscussWorkspaceReportSaveEasy
3The six-tenths rule estimates equipment cost as proportional to:ASquare root of capacityBCapacity directlyCCapacity raised to the power 0.6DSquare of capacityView AnswerDiscussWorkspaceReportSaveEasy
4Fixed costs:ADo not change with production rateBInclude raw materialsCAre zero at full capacityDVary directly with outputView AnswerDiscussWorkspaceReportSaveEasy
5Depreciation accounts for:ALoss of value of assets over timeBRaw material costCProfitDLabour costView AnswerDiscussWorkspaceReportSaveEasy