1. Honor Ltd. is a principle association in the Footwear Industry. The association has four mechanical offices in different territories with top tier supplies. As a result of contention keeping watch, association is reliably examining its thing range and redesigning its present things by developing new models to satisfy the solicitations of its customers.

The association as of now has a creation office which has a constraint of 3,500 standard hours every week.

Thing 'Comfort' was familiar with the market a half year earlier and is presently going to enter the improvement period of its life cycle.

Regardless, research by the publicizing division shows that solicitation of the thing

'Comfort' in the market is esteem sensitive. The most likely market responses are according to the accompanying:

Selling cost per unit (') 1,750 1,600 1,525 1,450 1,300

Arrangements demand every week (units) 550 725 1,000 1,150 1,200

The variable cost per unit of collecting 'Comfort' is '750.

Standard hours used to manufacture one unit is 2 hours.

Thing 'Sports' was familiar with the market two months earlier using a passageway esteeming system and is presently going to enter its improvement stage. Each unit has a variable cost of '545 and requires 2.50 standard hours to convey. Measurable looking over has shown that there is a straight association between its selling cost and the amount of units mentioned, of the construction P = a - bx. At a selling cost of '1,000 for each unit demand is needed to be 1,000 units every week. For every '100 development in selling esteem the after a long time after week solicitation will diminish by 200 units and for every '100 decrease in selling cost the step by step solicitation will increase by 200 units. Thing 'Ethnic' is at present being made and which will be dispatched watching out. This is an extraordinarily creative modeler thing which the association acknowledges that it will have a reformist impact accessible and purchaser direct. The association has decided to use a market skimming approach to manage esteeming this thing during its introduction stage.

Required

(a) (I) ADVISE which of the more than five selling costs should be charged for thing 'Comfort', to increase its responsibility during its advancement stage.

(ii) CALCULATE the amount of units to be conveyed of thing 'Sports' to utilize the total of as far as possible from your reaction to (I) above and the selling cost per unit of thing 'Sports' during its improvement stage.

(b) COMPARE passageway and skimming assessing frameworks during the introduction stage, using thing 'Ethnic' to address your answer.

(c) EXPLAIN with reasons, for all of the periods of 'Ethnic's thing life cycle, the progressions that would be ordinary in the

(I) ordinary unit creation cost

(ii) unit selling cost

2) Which of following isn't Method of twisting of organization?

A. Necessary twisting up

B. Deliberate twisting up

C. Ending up under the oversight of the court

D. Intentionally twisting up

3) Which of following isn't Current Asset?

A. Patent

B. Bills receivable

C. Cashable security

D. Prepaid Expenses

4) Which of following isn't Current Liability?

A. Bank overdraft

B. Bills Payable

C. Record Payable

D. Hold acquiring

5) Working capital will increment

A. In the event that Current Asset Decrease

B. In the event that Current Liability Decrease

C. In the event that Current LiabilityIncrease

D. In the event that new offers are given

6) Following is the use of asset

A. Decline in equilibrium of Fixed Asset

B. Decline in working capital

C. Decline in net benefit

D. Decline in starter costs

7) Following is the Source of asset

A. Reduction in equilibrium of Debenture

B. Reduction in Long term Liability

C. Expansion in Long term advance

D. Recovery of Shares

8) Provision for Income Tax is ___

A. Charged to P and L Appropriation A/c

B. Charged to Profit and Loss A/c

C. Charged to Treading A/c

D. Credited to P and L Appropriation a/c

9) Corporate profit charge is ___

A. Figured on Net benefit

B. Figured on Share Capital

C. Figured on Goss Profit

D. Registered on Dividend paid

10) Dividend is paid on ___

A. On Issued Share Capital

B. On Subscribed Share Capital

C. On Called up Share Capital

D. On Paid up Share Capital