ASHEEKA LTD. has annual turnover of 200 lakh and an average C/S Ratio of 40%. It...
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ASHEEKA LTD. has annual turnover of 200 lakh and an average C/S Ratio of 40%. It makes 10% profit on sales before charging depreciation and interest which amount to 10 lakh and 15 lakh respectively. What will be the Fixed Cost of Asheeka Ltd.? 2 (b) In a factory of ZEE LTD., where Standard Costing is followed, the budgeted fixed overheads for a budgeted production of 4800 units is 24,000. For a certain period actual (FOH) expenditure was 22,000 resulting in a fixed overhead volume variance of 3,000 (Adv.) Calculate the actual production of ZEE LTD. for the period. 2 (c) OPTIMA LTD. is committed to supply 24000 bearings per annum to BKT Ltd. on a steady basis. It is estimated that it costs 2.40 as inventory holding cost per bearing per annum and that the setup cost per run of bearing manufacture is 648. What would be the optimum run (batch) size for hearing manufacture? 2 (d) The total production cost of HORIZON LTD. for making 6000 units is 35,000 and the total production cost for making 15000 units is 69,000. Once the production exceeds 10000 units additional fixed costs of 7,000 are incurred. What will be the full production cost per unit for making 12000 units? 2 2 (e) What are the limitations of Uniform Costing? (1) The Compliance Report along with Annexures is to be signed by a Cost Accountant. Whether the Cost Accountant is responsible for the preparation of the Annexures? (g) "Turnover" is gross trunover whether includes excise duty or notClarify. 2 2 Max has a lot of data from stochastic process: xt = 0.98xt1 + Et  0.1€t1 where Et ~ N (0,0²) are Gaussian white noise. He tests for a unit root and mistakenly decides that the stochastic process is integrated of order 1. He then differences the data to obtain yt = = Axt. A) Write out the ARMA model for Yt. [2 points] B) If you were to fit an ARMA model to yt, what would the order of the AR and MA components be? [2 points] C) Is t causal? [1 point] D) Is the ARMA model for Yt stationary? [1 point] E) Is the ARMA model for Yt invertible? [2 points] F) Knowing the ARMA model for yt = Axt, would you expect the ACF for Yt, to cut off abruptly after 2 lags? Explain why. [1 point] G) Knowing the ARMA model for yt lag? Explain why. [1 point] = Axt, would you expect the PACF for yt, to cut off abruptly after 1 assume the private demand curve (private marginal utility) for automobile trips is given by P=20203Q. The private supply curve (private marginal cost curve) is given by P=200+2Q. P stands for the price of gasoline and Q for vehicles miles driven. a) Calculate the private equilibrium b) Now assume the external cost instead of being constantly 50 per unit, it always equals 20% of the private MC. What is the socially optimal quantity? c) What is the DWL of the private solution? d) Assume the city were to impose a Pigou Tax on the supply side. What is the tax ($/unit) at the privately optimal quantity? What is the tax ($/unit) at the socially optimal quantity? ASHEEKA LTD. has annual turnover of 200 lakh and an average C/S Ratio of 40%. It makes 10% profit on sales before charging depreciation and interest which amount to 10 lakh and 15 lakh respectively. What will be the Fixed Cost of Asheeka Ltd.? 2 (b) In a factory of ZEE LTD., where Standard Costing is followed, the budgeted fixed overheads for a budgeted production of 4800 units is 24,000. For a certain period actual (FOH) expenditure was 22,000 resulting in a fixed overhead volume variance of 3,000 (Adv.) Calculate the actual production of ZEE LTD. for the period. 2 (c) OPTIMA LTD. is committed to supply 24000 bearings per annum to BKT Ltd. on a steady basis. It is estimated that it costs 2.40 as inventory holding cost per bearing per annum and that the setup cost per run of bearing manufacture is 648. What would be the optimum run (batch) size for hearing manufacture? 2 (d) The total production cost of HORIZON LTD. for making 6000 units is 35,000 and the total production cost for making 15000 units is 69,000. Once the production exceeds 10000 units additional fixed costs of 7,000 are incurred. What will be the full production cost per unit for making 12000 units? 2 2 (e) What are the limitations of Uniform Costing? (1) The Compliance Report along with Annexures is to be signed by a Cost Accountant. Whether the Cost Accountant is responsible for the preparation of the Annexures? (g) "Turnover" is gross trunover whether includes excise duty or notClarify. 2 2 Max has a lot of data from stochastic process: xt = 0.98xt1 + Et  0.1€t1 where Et ~ N (0,0²) are Gaussian white noise. He tests for a unit root and mistakenly decides that the stochastic process is integrated of order 1. He then differences the data to obtain yt = = Axt. A) Write out the ARMA model for Yt. [2 points] B) If you were to fit an ARMA model to yt, what would the order of the AR and MA components be? [2 points] C) Is t causal? [1 point] D) Is the ARMA model for Yt stationary? [1 point] E) Is the ARMA model for Yt invertible? [2 points] F) Knowing the ARMA model for yt = Axt, would you expect the ACF for Yt, to cut off abruptly after 2 lags? Explain why. [1 point] G) Knowing the ARMA model for yt lag? Explain why. [1 point] = Axt, would you expect the PACF for yt, to cut off abruptly after 1 assume the private demand curve (private marginal utility) for automobile trips is given by P=20203Q. The private supply curve (private marginal cost curve) is given by P=200+2Q. P stands for the price of gasoline and Q for vehicles miles driven. a) Calculate the private equilibrium b) Now assume the external cost instead of being constantly 50 per unit, it always equals 20% of the private MC. What is the socially optimal quantity? c) What is the DWL of the private solution? d) Assume the city were to impose a Pigou Tax on the supply side. What is the tax ($/unit) at the privately optimal quantity? What is the tax ($/unit) at the socially optimal quantity?
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It seems like you have provided three different questions from different areas accounting econometrics and economics I will address each one in turn For the accounting question involving ASHEEKA LTD T... View the full answer
Related Book For
Intermediate Financial Management
ISBN: 9781111530266
11th edition
Authors: Eugene F. Brigham, Phillip R. Daves
Posted Date:
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