Civil Engineering MCQs

Page No. 63

What refers to a document that shows proof of legal ownership of a financial security ?


aBond


bBank note


cCoupon


dCheck


View Answer Coupon

A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even ?


a 2.590


b2,632


c2,712


d2,890


View Answer 2,632

A telephone switchboard 100 pair cable can be made up with either enameled wire or tinned wire. There will be 400 soldered connections. The cost of soldering a connection on the enameled wire will be P 1.65 on the tinned wire, it will be P 1.15. A 100- pair cable made up with enameled wire cost P 0.55 per linear foot and those made up of tinned wire cost P 0.75 per linear foot. Determine the length of cable run in feet so that the cost of each installation would be the same ?


a1,000 feet


b 1,040 feet


c1,100 feet


d 1,120 feet


View Answer 1,000 feet

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 ?


a1.0 hour per unit


b1.2 hours per unit


c1.4 hours per unit


d 1.6 hours per unit


View Answer 1.0 hour per unit

A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 _________________?


a1,033


b1,037


c1,043


d1,053


View Answer 1,053

The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion?


a$ 5,000,000.00


b $ 5,010,000.00


c $ 5,025,000.00


d $ 5,050,000.00


View Answer $ 5,000,000.00

Shell Philippines, a multinational company, has a total gross income for a particular year of P 50,000,000. The taxable income after taking all deductions except for depletion is P 18,500,000. What is the allowable depletion allowance for that particular year? Take percentage of gross income for oil as 22%?


aP 9,358.41


bP 9,228.45


c P 9,250.00


dP 9,308.45


View Answer P 9,250.00

An asset is purchased for P 9,000.00. Its estimated economic life is 10 years after which it will be sold for P 1,000.00. Find the depreciation in the first three years using sum-of-years digit method____________________?


aP 3,279.27


bP 3,927.27


cP 3,729.27


dP 3,792.72


View Answer P 3,927.27

ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method ?


a7 eyars


b8 years


c9 years


d10 years


View Answer 9 years

A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method ?


a P 2,000.00


bP 2,100.00


cP 2,200.00


dP 2,300.00


View Answer P 2,000.00

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