Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.27 : A biochemical engineering consultancy applies construction accounting in its finance. Its project began on 1 January 2010. Total revenue generated from the project was $9000. On 1 January 2011 as the budget, $2000 had been spent, with $6000 expected. However, the project cost increased latter, causing deviation from its initial budget on 1 January 2012, where $7000 had been spent, with $1400 expected. Let (estimated total cost) = (spent cost) + (expected cost to be spent), (percentage completion) = 100 (spent cost) / (estimated total costs), (total expected profits) = (total revenue) - (estimated total costs). Calculate : (a) total expected profits on 1 January 2011 and 1 January 2012; (b) estimated total cost as and not as the budget; (c) percentage completion of the project since the project began, in the first and second years.



ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.27 : A biochemical engineering consultancy applies..

Answer / kangchuentat

ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.27 : On 1 January 2011 (as the budget), estimated total costs = $2000 + $6000 = $8000, total expected profits = $9000 - $8000 = $1000, percentage completion on first year = 100 ($2000 / $8000) = 25%. On 1 January 2012 (not as the budget), estimated total costs = $7000 + $1400 = $8400, total expected profits = $9000 - $8400 = $600, percentage completion on second year = 100 ($7000 / $8400) = 83.33%. Final answer : (a) Profits : $1000 (1 January 2011), $600 (1 January 2012). (b) Costs : $8000 (as the budget), $8400 (not as the budget). (c) Percentage completion : 25% (first year), 83.3% (second year). The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Chemical Engineering Interview Questions

Question 66 – The drag coefficient Cd = 0.05 and lift coefficient Cl = 0.4 for a levelled flow aircraft are measured. The velocity of the aircraft is v = 150 ft / s with its weight W = 2677.5 pound-force. (a) Find the value of the lift of the aircraft, L, when it is also its weight. (b) The drag of the aircraft, D = Cd M, L = Cl M. Find the value of D. (c) The power required is P = Dv. If 1 pound-force x (ft / s) = 1.356 W, find the value of P in the unit of Watt or W.

1 Answers  


what is the discharge pressure formula, for calculating discharge pressure?

2 Answers  


Define a barometric condenser?

0 Answers  


how much maximum power can be generated by 320v, 10kg-cm synchronus motor if shaft is roteted mechanically at 50 to 60 rpm?

0 Answers  


Question 45 - According to Raoult’s law for ideal liquid, x (PSAT) = yP where x is mole fraction of component in liquid, y is mole fraction of component in vapor, P is overall pressure and PSAT is saturation pressure. A liquid with 60 mole % component 1 and 40 mole % component 2 is flashed to 1210 kPa. The saturation pressure for component 1 is ln (PSAT) = 15 - 3010 / (T + 250) and for component 2 is ln (PSAT) = 14 - 2700 / (T + 205) where PSAT is in kPa and T is in degree Celsius. By assuming the liquid is ideal, calculate (a) the fraction of the effluent that is liquid; (b) the compositions of the liquid and vapor phases. The outlet T is 150 degree Celsius.

1 Answers  


Explain the significance of the angle of repose holds in the chemical industry?

0 Answers  


We are having proplem with the persperation smell in ETT/ECHO room in our cardiac hospital.The 2 Ton of AC is not conditioning the environment. We have to use exhaust fan to through out of the room bad air. Could anyone suggest how to coup with this effectively using chemical engineering. Any permanent solution to neutralise the bad smell.The Air freshners are not doing enough instead making a bad odour.

0 Answers  


CHEMICAL ENERGY BALANCE - EXAMPLE 11.2 : Calculate the cooling duty, H required to condense and cool acetone from 100 degree Celsius to 25 degree Celsius at atmospheric pressure. The heat of vaporization for acetone at its normal boiling point is 30.2 kJ / mol. The boiling point of acetone at atmospheric pressure is 56 degree Celsius. The flowrate of acetone through the condenser is 100 mol / s = N. Value of sensible heat needed to increase the temperature of acetone in liquid form from 25 to 56 degree Celsius is 4.06 kJ / mol. Value of sensible heat needed to increase the temperature of acetone in vapor form from 56 to 100 degree Celsius is 3.82 kJ / mol. Unit of H is kJ / s.

1 Answers  


Question 70 - According to Adolf Eugen Fick (1829 - 1901) : rate of diffusion v increases with less wall thickness t, increased area A and decreased molecular weight of a fluid M. The diffusion constant D decreased with increasing M. (a) By assuming v, t, dP, A, M and D changes proportionally of each other, find the equation of v as a function of t, dP, A and D. (b) The ratio of self diffusion constant D, at T = 273 K and P = 0.1 MPa, for gases B and C are 1.604 : 0.155. If only 2 gases exist in such a system : hydrogen and nitrogen, find the type of gas for B and C with reference to their molecular weights M. (c) By using the equation of kinetic energy 0.5 MV = constant where V = square of v, find the ratio of V for B and V for C, or V(B) / V(C), as a function of M(B) and M(C), where M(B) is molecular weight of B and M(C) the molecular weight of C : Graham's Law of Diffusion.

1 Answers  


Can large temperature differences in vaporizers cause operational problems?

0 Answers  


ENGINEERING MATHEMATICS - EXAMPLE 8.2 : In the US (United States), one barrel is equal to 42 US gallons and equivalent to 0.15898 cubic metres. One British barrel is equal to 36 Imperial gallons and equivalent to 0.163659 cubic metres. If an oil refinery in England sells 42 Imperial gallons of crude oil to a company in US, how much US gallons of crude oils has been sold?

1 Answers  


what is the difference between distillation column and distillation tower?

3 Answers  


Categories
  • Civil Engineering Interview Questions Civil Engineering (5086)
  • Mechanical Engineering Interview Questions Mechanical Engineering (4456)
  • Electrical Engineering Interview Questions Electrical Engineering (16639)
  • Electronics Communications Interview Questions Electronics Communications (3918)
  • Chemical Engineering Interview Questions Chemical Engineering (1095)
  • Aeronautical Engineering Interview Questions Aeronautical Engineering (239)
  • Bio Engineering Interview Questions Bio Engineering (96)
  • Metallurgy Interview Questions Metallurgy (361)
  • Industrial Engineering Interview Questions Industrial Engineering (259)
  • Instrumentation Interview Questions Instrumentation (3014)
  • Automobile Engineering Interview Questions Automobile Engineering (332)
  • Mechatronics Engineering Interview Questions Mechatronics Engineering (97)
  • Marine Engineering Interview Questions Marine Engineering (124)
  • Power Plant Engineering Interview Questions Power Plant Engineering (172)
  • Textile Engineering Interview Questions Textile Engineering (575)
  • Production Engineering Interview Questions Production Engineering (25)
  • Satellite Systems Engineering Interview Questions Satellite Systems Engineering (106)
  • Engineering AllOther Interview Questions Engineering AllOther (1379)