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

Consider an economy with two individuals, Ann and Bob and two goods r and J. Ann's initial endowment is (50, 20) and Bob's initial endowment is (20,50). Ann's utility function is uA(I, y) = Vx x y and Bob's utility function is up = x x y. (1) / 2.5 points ] Draw the Edgeworth bor and show the initial endowment, the indifference curves for both individuals associated with their endowments. (2) / 12.5 points ) Is the initial endowment Pareto efficient? Why? Determine the contract curve.Answer: Reducing the number of December advertising spots and increasing the number to be run in January. Acceptable As the Decisions taken by company, it is a business related decision. Giving salespeople a double bonus to exceed December targets. Acceptable Since this offer is for motivating the employees and also to push the business and it is 3?. ethical way of improving business. 3. Extending the close of the fiscal year beyond December 31 so that some sales from next year are counted in the current fiscal year. Un accepted As it is against the rules of the maintaining accounts 4. Persuading customers to accept merchandise for shipment in December that they would normally not order until the following year. Acceptable As there is no bribes are offered to persuade the customer and sales are occurred in December month 5. Altering dates on shipping documents so that sales made in January of the next year appear to have occurred in December of the current year. Unaccepted As it is up ethical and against GAAP E. Deferring advertising costs by asking the outside advertising agency to delay sending out bills for December advertisements until January or by having the agency indicate that advertisements run in December were run in January. Unacceptable As the expenses spent on December and recording forJanuary F. Defer performing routine monthly maintenance on equipment by an outside vendor until January. Accepted; g the expenses not actually spent not on December. What should you do if the president suggests that these actions are taken in every division of 321 and that the consumer division will be greatly harmed if it does not present \"better" results than 3% growth