Question: 1. A designing organization isengaged in creating four items through activities at welding and squeezing divisions. Items W1 and W2 are delivered by welders in
1. A designing organization isengaged in creating four items through activities at welding and squeezing divisions. Items W1 and W2 are delivered by welders in the welding
office though items P1 and P2 are delivered by press-administrators in the squeezing
office. Because of explicit ability prerequisites, the welders and press-administrators can just work in their own area of expertise.
The accompanying significant information are accessible in regard of the items:
Items
W1 W2 P1 P2
Hours required per unit 3 5 7 6
Selling cost per unit (') 55
25 77 69
Direct material expense per unit (') 18 82 26 45
Direct work hourly rate (') 3 2 4 5
Variable overhead rate per unit (') 6 6 5 4
The organization causes ' 80,000 for each annum towards fixed expenses. The greatest accessible hours are 40,000 and 56,000 for welding and squeezing divisions individually.
The requests continue fluctuating however the base requests which are to be met according to the executives' choice are 3,000 units of Wl, 4,500 units of W2, 1,800 units of P1 and 6,200 unitsof P2.
The creation chief recommends that the welders and press-administrators can be prepared to perform both welding and squeezing occupations so abundance interest of any of the items can be met. This choice will expand the weight of fixed expenses by ' 5,000 for each annum.
Set up the productivity proclamation for ideal item blend and suggest with reasons and proper functions whether it is prudent to prepare the welders and press-administrators as recommended by the creation chief.
2. At the point when proportionate change in cost is equivalent to proportionate change in amount
requested of any product, at that point such interest is called:
a. unitary versatile interest
b. moderately flexible interest
c. moderately inelastic interest
d. cross flexibility
3. A market which has just a single merchant offering a homogeneous item to numerous purchasers is
known as:
a. oligopoly
b. syndication
c. wonderful rivalry
d. monopolistic rivalry
4. Hypotheses of factor of creation consider _____ to be the compensation for the business person.
a. lease
b. interest
c. benefit
d. capital
5. The recurrence at which one unit of money is utilized to buy locally delivered
labor and products inside a given time span is known as:
a. speed of cash
b. speed of cash
c. energy of cash
d. tally of flow of cash
6. On the off chance that an individual has a pay of Rs.30,000 and his utilization is Rs.10,000, at that point his
affinity to save is:
a. 1.33
b. 0.33
c. 0.67
d. 1.50
7. Speculation doesn't rely altogether on the __________.
a. request
b. level of pay
c. progress of innovation
d. assumption for the business person
8. Which of coming up next is definitely not a trait of the casual economy?
a. Simple passage
b. No expenses
c. Overwhelmingly miniature
d. Directed organizations
9. In twofold passage framework, accounts are essentially grouped into ___________.
a. collector account and supplier account
b. pay account and costs account
c. genuine record and ostensible record
d. individual record and generic record
10. For a land development organization, which of coming up next isn't essential for Benefit and
Misfortune proclamation?
a. Income from condo deals
b. Interest paid to banks
c. Money saved in bank
d. Devaluation cost
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
