URGENT.. PLZ

SECTION A (Answer ALL questions). Each Question Carries 15 Marks. No Questions (2X15=30 Marks) Rubrics 1.A. 1 A) in manufacturing its products, a company uses three raw materials A,B,C in respect of which the following applies: 4*1 mark= 8 marks 1. B. 8*.5- 4 Marks Usage per unit of Re Price Delivery Raw product order per period order Minimum Material KG quantity Kg(paise) (weeks) level level 10 10,000 101 to 3 8000? B 4 5,000 30 3 to 5 4750 ? 6 15 2 to 4 ? 2000 Weekly production varies from 175 to 225 units, averaging 200 units. What would you expect the qualities of the following to be: (a) minimum stock of A, (b) Maximum stock level of B (c) Reorder level of C and (d)Average stock level of A? (4 Marks) 1.C. calculation of bonus 4 Marks; 10,000 Calculation of total earnings 3 Marks. B) The following is the record of receipts and issues of a certain material in a factory during a week: April Particulars Quantity/Amount 1 Opening Balance 50 tones@ Rs 10/ton 1 Issued 30 tones 2 Received 60 tones @ Rs 10.20 per tone 3 Issued 25 tones Stock verification shows a shortage of 3 1 ton Received back from 10 tones (issued at 9.15 per 4 order ton) 5 Issued 40 tones 6 Received 22 tones Rs 10.30 per ton) 7 Issued 38 tones Prepare a stores ledger using LIFO Method (4 Marks) O C) Mr. X, the proprietor of a small engineering workshop producing specialty products by employing 5 skilled workers, is considering the introduction of Halsey system of incentive scheme of wage payment for increasing the labour productivity to cope with the increased demand for the product by about 25%. He feels that if the proposed incentive scheme could bring about an average 20% increase over the present earnings of the workers, it could act as sufficient incentive for them to produce more and he has accordingly given this assurance to the workers. As a result of this assurance the increase in productivity has been observed as revealed by the following figures for the current month: Hourly wage rate (guaranteed) Rs 2. Average time for producing 1 piece by one worker at the previous performance: 2 hours Number of working days in a month: 25 days Number of working hours per day for each worker: 8 hours Actual production during the month: 625 pieces. Calculate the effective rate of earnings per hour. (7 Marks) 2 In an engineering factory, the following particulars have been extracted for Primary