1.In a certain department of a factory there are two shops. Total departmental overheads for a year are `1,20,000 and the estimated number of direct labour hour is 24,000 (10 men employed for 48 hours per week during 50 weeks in the year). From the particulars given below calculate the prime cost and works cost of a work order No. 54 which passes through both shops:

(1) Material consumed `1,000.

(2) Direct labor hours shop A -8hrs at '6.00 per hour

Shop B-5hrs 7.50 per hour

3) Works overheads are to be levied by means of a direct hour rate

2.How can consumer satisfaction be measured using perspectives of financial and non-financial measures.

3.What is just in time technique for managerial accounting.

4.How do you measure impact of managerial control on employees behavior

5.What are some alternative methods of measuring value of intangible assets

6.What impacts do managerial accounting for operation managers have in decision making and planning.

7.Discuss the need of database logical structures and their significance in effective management of database.

8.Why are retained earnings not distributed to shareholders in a public company.

9.State and explain when a company should report a balanced sheet

10.Why is volume a totally independent variable from price in the market

1. The student t test assumes the numerator of the t statistic is normally distributed. True. (False. 2. In ANOVA the ratio of the MStreatment /MSr, where 55 is the sum of squares error, is distributed as an F-distribution if the null hypothesis is true i.e. that all treatment effects are zero (all (/0). True, False. 3. For an experiment with 4 treatments (A, B, C, D) and no blocking SST = $5.+55,+55c+550+55. True. False. 4. The quantity MSI = $5:/dof for errors. True. False. 5. The degrees of freedom for $5, is N-1 where No(number of replication for each treatment) X (number of treatments) = na for "a" treatments with "n" replications for each treatment. True. False. 6. If experiment has a=4 treatments the degrees of freedom associated for treatments is 3? True. False. 7. For the above experiment the degrees of freedom for error when there are n replication of each of a treatments is calculated to be dof = doft - doftmatments = 4 (n-1). True. False.[12 marks] Consider the Markov chain { X,, n 2 0) on S = (1,2,3,4,5) with the one-step probability transition matrix (a) If Xo = 3, find the probability that the chain gets absorbed in state 5. (b) If Xo = 3. find the expected time until the chain first reaches the set of states {1,2,5)