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

.. Endowment income is a critical part of the annual budgets at colleges and universitie3_ A study by the National Association of College and University Business Officers reported that the 435 colleges and universities surveyed held a total of $413 billion in endowments. The 10 wealthiest universities are shown below (The Wail Street Journal, January 27, 2009). Amounts are in billion of dollars. University Endowment ($billion) University Endowment ($hillion) Columbia 7.2 Princeton 164 Harvard 36.6 Stanford 17.2 M.I.T. 10.1 Texas 16.1 Michigan 7.6 Texas A&M 6.? Northwestern _ 7.2 Yale 22.9 a. What is the mean endowment for these universities? b. What is the median endowment? c. What is the mode endowment? - d. Compute the rst and third quartiles. e. What is the total endowment at these 10 unit ersities'? These universities represent 2. 3% of the 435 colleges and universities surveyed. What percentage of the total $413 billion 1n endowments is held by these 10 universities? The Wall Street Journal reported that over a recent ve-month period, a downturn in the economy has caused endowments to decline 23%. What is the estimate of the dollar amount of the decline in the total endowments held by these 10 universities? Given this situation, what are some of the steps you would expect university admin- istrators to be considering? Part 1 (0.2 pt) X Feedback See Hint A consumer receives an endowment of $200.00 this period and $800.00 next period. Currently the interest rate is 11.00%. The present value of the endowment is $ X 222 . (Give your answer to two decimals.) Part 2 (0.4 pt) Feedback See Hint Suppose that instead, the endowment is $240.00 this period and $1040.00 next period. Suppose that the interest rate is still 11.00%. Now the present value of the endowment is $ x 1394.40 . (Give your answer to two decimals.) With the new endowments, the consumer is " wealthier Part 3 (0.4 pt) Feedback See Hint Now suppose that the endowment is $150.00 in the first period and $775.00 in the second period. The interest rate is still 11.00%. Now the present value of the endowment is $ x 1010.25 . (Give your answer to two decimals.) With the new endowments, the consumer is poorer3. Draw an Edgeworth Box diagram with an initial endowment. Show the gains from trade relative to this endowment point assuming that each person has normal shaped indifference curves. Show the Pareto Efficient points that are within the region of gains from trade relative to the initial endowment. Make sure that your initial endowment point is not Pareto Efficient