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

Which of the following is not true of statistics? Statistics involves collecting and summarizing data. Statistics is used to answer questions with 100% certainty. Statistics can be used to organize and analyze information. Statistics is used to draw conclusions using data.Define statistics Choose the correct answer bolow, O A. Statistics is the science of collecting, organizing, summarizing, and analyzing information to draw a conclusion and answer questions, In addition, statistics is about providing a measure of confidence in an congusions. Q)B. Statistics encompasses all scientific disciplines in which random occurrences are analyzed. In addition, statistics references any random occurrence which is reported using percentages or proportions. (Q) C. Statistics encompasses all scientific disciplines in which percentages are used, data are analyzed, and probabilities are found. In addition, statistics references any mathematical model which is reported us. percentages or proportions, O D. Statistics is the sdenon of manipulating, reorganizing, and editing information to produce the desired results, In addition, statistics is about providing the requited answer with the desired level of confidenon