Keyur D Vasava Pharmacy+MBA Dist.

Narmada
"ACCEPT EVERYTHING ABOUT YOURSELF -- I MEAN EVERYTHING, YOU ARE YOU AND THAT IS THE BEGINNING AND THE END -- NO APOLOGIES, NO REGRETS." ( 14/03/12)

Seat No.: _____

Enrolment No.______

GUJARAT TECHNOLOGICAL UNIVERSITY

MBA Second Semester-II ( Evening) Examination May 2010

Subject code: 810007 Subject ame: Quantitative Analysis

Date: 28 / 05 / 2010 Total Marks: 70 Time: 11.00 am 01.30 pm

Instructions:
1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks. Q.1 (a) For a given set of observations assumed to be normally distributed, mean==40 units 07
and standard deviation = =5 units. What does the empirical rule indicate for the interval [-2 , +2 ] ? Explain the meaning of what you state in this connection State Chebyshevs rule.in this context and compare your results with that of empirical rules. (b) Explain the following terms giving salient features. (1) Uniform Distribution (2) Standard Error (3) Goodness -of Fit test

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Q.2

(a) Explain the following concepts in context to Testing of Hypothesis

(1) Null Hypothesis and Alternative Hypothesis. (2) Level of Significance and types of error. (3) Rejection and non-rejection regions. (b) Solve the following case. In order to find the importance of customer service, a survey was made on a 5 point scale.[ 1 being low and 5 being high.]The mean was found to be 4.30. Another team of researchers feel that the figure [mean] obtained was high and just to establish that they made another survey. The results are as follows. 3 4 5 5 4 5 5 4 4 4 4 4 4 4 4 5 4 4 4 3 4 4 4 3 5 4 4 5 4 4 4 5 Give your view about the survey results of research teams decision taking = 0.05

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OR (b) The following data ( in K.G.) related to weights of machine parts follow normal
distribution. The production manager claims that the machine part, on an average is 8.3 K.G. A sample from the production was taken and the weights of each one of the part is as given below. 8.1 8.4 8.3 8.2 8.5 8.6 8.4 8.3 8.4 8.2 8.8 8.2 8.2 8.2 8.1 8.3 8.4 8.5 8.5 8.7 Take = 0.01 and verify production managers claim

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Q.3

(a) Two different samples are taken from two different normally distributed
populations. test the following hypothesis of the difference in population means by using the following data. [Take level of significance = 0.10] H0 : 1- 2 = 0 H1: 1- 2 < 0 sample 1 sample 2
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x1 =51.3
S12 = 52 n1 = 31

x 2 = 53.2
S22 = 60 n2 = 32

(b) To study the effects of inflation on stock market a researcher takes the P/E ratios of
9 companies for the year 2004 and the same 9 companies for the year 2005. Company P/E ratio 2004 P/E ratio 2005 1 8.9 12.7 2 38.1 45.4 3 43 10 4 34 27.2 5 34.5 22.8 6 15.2 24.1 7 20.3 32.3 8 19.9 40.1 9 61.9 106.5 Using the above records you are required to give your opinion regarding effect of inflation on the P/E ratio based on testing of hypothesis

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OR Q.3 (a) A study of female entrepreneurs was conducted to determine their definition of
success. The women were offered optional choices such as happiness/ selffulfillment, sales/profit, and achievement/ challenge. The women were divided into groups according to the gross sales of their businesses. A significantly higher proportion of them in the Rs. 100,000 to 500,000 category than in the less than Rs. 100,000 category seemed to rate sales/profit as a definition of success. Suppose you decide to test this result by taking a survey of your own and identify female entrepreneurs by gross sales. You interview 100 female entrepreneurs with gross sales of less than 100,000 and 24 of them define sales/profit as success. You then interview 95 females from the group with the gross sales of Rs. 100,000 to Rs. 500,000 and 39 cite sales/profit as a definition of success. Use this information to test with level of significance 0.01 to determine whether there is a significant difference in their participation of the two groups that define success as sales /profit. (b) Explain usefulness of C.V. (coefficient of variation) Compare the following two 07 sets of data for consistency. Data set I Data set II 49 159 82 121 77 138 54 152

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Q.4

(a) Give the salient features of the following concepts.[Draw necessary figures and
highlight the features.] (1) Skewness. (2) Kurtosis (3) Positive and negative correlation Explain the following terms in context of probability. (b) (1) Conditional probability (2) Independent Events (3) Solve the following problem. Machines A, B, and C produce the same two parts X and Y with the estimated contribution percentages 60% , 30% , and 10%.In addition to this we know that 40% of the parts produced by machine A are parts X ,while 50% and 70% produced by machines B and C respectively are parts X. A part is randomly taken from the total production and found it to be part X. What is the probability that the part is produced by machine C ? OR (a) The manager of a leading publication, using the results of a survey, expects that rating given by the readers should be as given below. (1) excellent 8% (2) pretty good 47% (3) only fair 34% (4) poor 11% In order to verify the truth value of the % given above, a researcher conducts a survey and the corresponding results are as follows.

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Q.4

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(1) (2) (3) (4)

Rating Excellent Pretty good Only Fair poor

Frequency 21 109 62 15

Does this observed reading agree with the managers expectations? [Take level of significance = 0.05] (b) Using the following data obtain the equation of regression line. x Y 22 17 21 15 28 22 8 19 20 24

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Q.5

(a) Explain the term Time series. What are the basic components of a time series?
Draw the diagram and explain each one. Using the following data compute a 4month moving average for all available months. Month Production Month Production 1 1056 7 1110 2 1345 8 1334 3 1381 9 1416 4 1191 10 1282 5 1259 11 1341 6 1361 12 1382 (b) Calculate Laspeyres and Passches price index using the following data Item Price -2006 Quantity Price-2007 Quantity 1 6.70 150 6.95 135 2 1.35 60 1.45 65 3 5.10 8 6.25 12 4 4.50 25 4.95 30 5 11.95 6 13.20 7 6 7.90 4 9.00 2

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OR Q.5 (a) Assuming that the trend is absent, determine, if any, seasonality in the given data. YEAR 1 2 3 4 2000 3.7 4.1 3.3 3.5 2001 3.7 3.9 3.6 3.6 2002 4.3 4.1 3.3 3.1 2003 3.3 4.4. 4.0 4.0 (b) A news-paper boy keeps a record of number of newspaper demanded by certain group of people. A record of 100 days is show n below. Copies-demanded days 10 20 11 30 12 40 13 10 The cost of a copy to him is Rs. 1.00 while he sells each for Rs. 2/00. Assuming that loss of sale not to be criteria for decision making, you are requested to guide him to purchase number of copies for sale on each day.
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Seat No.: _____

Enrolment No.______

GUJARAT TECHNOLOGICAL UNIVERSITY

MBA(Evening) Sem-II Remedial Examination December 2010

Subject code: 810007

Date: 21 /12 /2010

Subject Name: Quantitative Analysis

Time: 10.30 am 01.00 pm Total Marks: 70

Instructions:
1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks. Q.1 (a) The Indian department of the interior release figures on mineral production. Following are the 10 leading states in nonfueal mineral production in the India. State Value (Rs.millions) Gujarat 3350 Bihar 2800 Madhapradesh 2550 Goa 2050 Maharastra 1920 Assam 1670 Andrapradesh 1660 Sikkim 1570 Rajasthan 1420 UP 1320 I. Calculate the mean, median & mode. II. Calculate the range, interquartile range, mean absolute deviation, sample variance & sample standard deviation. (b) 1. Suppose that 5 men out of 100 and 25 women out of 1000 are colour blind.A colour blind person is chosen at random. What is the probability of his being male (assuming that males and females are in equal proportion)? 2. Why do we use n-1 as the denominator instead of n to calculate sample variance? Q.2 (a) 1. State chebyshevs theorem 2. Characteristics of good estimator. 3. Explain: Descriptive statistics and statistical inferences. (b) 1. Concert pianist Priyank has become quite upset at the number of coughs occurring in the audience just before he begins to play. On his latest tour, Priyank estimates that on average eight coughs occur just before the start of his performance. Mr. Priyank has sworn to her conductor that if he hears more than five coughs at tonights performance, he will refuse to play. What is the probability that he will play tonight? 2. Differentiate coefficient of correlation & coefficient of determination. OR (b) 1. Differentiate point estimation & interval estimation. 2. An X-ray technician is taking readings from her machine to ensure that it adheres to federal safety guidelines. She knows that the standard deviation of the amount of radiation emitted by the machine is 150 milligrams, but she wants to take reading until the standard error of sampling distribution is no higher than 25 milligrams. How many reading should she take?
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Q.3 (a) Suppose that in past years the average price per square foot for warehouses in the India has been Rs 32.28. A national real estate investor wants to determine whether that figure has changed now. The investor hires a researcher who randomly samples 19 warehouses that are for sale across the India and finds that the mean price per square foot is Rs 31.67, with a standard deviation of Rs 1.29. If the researcher uses a 5% level of significance, what statistical conclusion can be reached? What are the hypotheses? (b) A management consulting company presents a three-day seminar on project management to various clients. The seminar is basically the same each time it is given. However, sometimes it is presented to high-level managers, sometimes to midlevel managers, and sometimes to low-level managers. The seminar facilities believe evaluations of the seminar may vary with the audience. Suppose the following data are some randomly selected evaluation scores from different levels of managers who attended the seminar. The ratings are on a scale from 1 to 10, with 10 being the highest. Use a one-way ANOVA to determine whether there is a significant difference in the evaluations according to manager level. Assume = 0.05. Discuss the business implications of your findings. High level Mid level Low level 7 8 5 7 9 6 8 8 5 7 10 7 9 9 4 10 8 8 OR Q.3 (a) Students Against Drunk Driving has targeted seat-belt usage as a positive step to reduce accidents and injuries. Before a major campaign at one high school, 44 percent of 150 drivers entering the school parking lot were using their seat belts. After the seat-belt awareness program, the proportion using seat belts had risen to 52 percent in a sample of 200 vehicles. At a 0.04 significance level, can the students conclude that their campaign was effective? (b) The following data show the number of claims processed per day for a group of four insurance company employees observed for a number of days. Test the hypothesis that the employees mean claims per day are all the same. Use the 0.05 level of significance Employee 1 15 17 14 12 Employee 2 12 10 13 17 Employee 3 11 14 13 15 12 Employee 4 13 12 12 14 10 09

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Q.4 (a) Is the transportation mode used to ship goods independent of type of industry? 07 Suppose the following contingency table represents frequency counts of types of transportation used by the publishing and the computer hardware industries. Analyze the data using the chi-squre test of independence to determine whether type of industry is independent of transportation mode. Let = 0.05. Transportation mode Air Train Truck Publishing 32 12 41 Industry Industry Computer 05 06 24 Hardware
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(b) Campus Stores has been selling the Believe it or not : wonders of statistics study 07 guide for 12 semesters and would like to estimate the relationship between sales and number of sections of elementary statistics taught in each semester. The following data have been collected: Sales (units) 33 38 24 61 52 45 No. of sections 03 07 06 06 10 12 Sales (units) 65 82 29 63 50 79 No. of sections 12 13 12 13 14 15 1. Develop the estimating equation that best fits the data. 2. Calculate the sample coefficient of determination and the sample coefficient of correlation
OR

Q.4 (a) 1. Study the MINITAB regression output that follows. How many predictors are there? What is the equation of the regression model? Find out the strength of the model and the predictors MINITAB Output Regression Analysis: Y versus X1, X2, X3, X4 The regression equation is Y = -55.9 + 0.0105 X1 0.107 X2 + 0.579 X3 0.870 X4 Predictor Constant X1 X2 X3 X4 S = 9.025 coef SE coef -55.93 24.22 0.01049 0.02100 -0.10720 0.3503 0.57922 0.07633 -0.8695 0.1498 T -2.31 0.50 -3.06 7.59 -5.81 P 0.025 0.619 0.003 0.000 0.000

04

R-sq = 80.2% R-sq(adj) = 783.7%

Analysis of Variance Source DF SS Regression 4 18088.5 Residual Error 55 4479.7 Total 59 22568.2

MS 4522.1 81.4

F P 55.52 0.000

2. Write a short note on Multicollinearity. 03 (b) The following information has been gathered from a random sample of apartment 07 renters in a city. We are trying to predict rent (in dollars per month) based on the size of the apartment (number of rooms) and the distance from downtown (in miles.) Rent ($) No. of Rooms Distance from Downtown 360 2 1 1000 6 1 450 3 2 525 4 3 350 3 10 300 1 4 1. Calculate the least-squares equation that best relates these three variables. 2. If someone is looking for a two-bedroom apartment 2 miles from downtown, what rent should he expect to pay Q.5 (a) Robin Zill and Stewart Griffiths own a small company that manufactures portable 07 massage tables in Hillsborough, North Carolina. Since they started the company, the number of tables they have sold is represented by this time series:
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Year 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 Table 42 50 61 75 92 111 120 127 140 138 sold I. Find the linear equation that describes the trend in the number of tables sold by Robin and Stewart. II. Estimate their sales of tables in 1998. (b) Use the decision table given here to complete parts (a) through (d). 07 State of Nature S1 S2 S3 Decision d1 250 175 -25 Alternative d2 110 100 70 d3 390 140 -80 a. Use the maximax criterion to determine which decision alternative to select. b. Use the maximin criterion to determine which decision alternative to select. c. Use the Hurwicz criterion to determine which decision alternative to select. Let = 0.3 and then let = 0.8 and compare the results. d. Compute an opportunity loss table from the data. Use this table and a minimax regret criterion to determine which decision alternative to select. OR Q.5 (a) Bill Simpson, owner of a California vineyard, has collected the following 07 information describing the prices and quantities of harvested crops for the years 1992-1995 Price (per ton) Quantity Harvested (tons) Type of Grape 1992 1993 1994 1995 1992 1993 1994 1995 Ruby cabernet $108 $109 $113 $111 1280 1150 1330 1360 Barbera 93 96 96 101 830 860 850 890 Chenin Blanc 97 99 106 107 1640 1760 1630 1660 Construct a Laspeyres index for each of these 4 years using 1992 as the base period. 07 (b) Use the following decision table to complete parts (a) through (c). State of Nature s1(0.40) s2 (0.35) s3 (0.25) Decision d1 150 250 500 Alternative d2 100 200 400 d3 75 150 700 d4 125 450 650 1. Draw a decision tree to represent this payoff table. 2.Compute the expected monetary values for each decision and label the decision tree to indicate what the final decision would be. 3. Compute the expected payoff of perfect information. Compare this answer to the answer determined in part (2) and compute the value of perfect information.
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Seat No.: _____

Enrolment No.______

GUJARAT TECHNOLOGICAL UNIVERSITY

MBA Second Semester ( Regular / Evening ) Examination May 2010 Subject code: 820001 Subject ame: Cost and Management Accounting
Date: 21 /05 /2010 Time: 11.00 am- 01.30 pm Total Marks: 70

Instructions:
1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks. Q.1 (a) Padma Ltd. produces a commodity by blending two raw materials A and B. The following are the details regarding the raw materials: Material Standard mix Standard price per kg. A 40% Rs.5 B 60% Rs.6 The standard process loss is 15%. During the month of March 2009, the company produced 4,250 kg. of finished product. The position of stock and purchases for the month of March 2009 are as under: Material Stock as on Stock as on Purchases during March 01, 2009 March 31, 2009 March 2009 (Kg.) (Kg.) (Kg.) (Rs.) A 85 40 2,400 13,200 B 90 55 2,600 15,080 You are required to work out the following variances with the use of formulae only. a. Material Price Variance and b. Material Yield Variance (b) Would you feel that, Rolling budget provide the supports to the managers to achieve the realistic and attainable target? Comment. (c) Discuss the difference between Efficiency audit and Propriety audit. Q.2 (a) Lilavati Ltd., Company manufactures a broad line of toys for the age group of different children. The Lilavati owns three plants those are located in Durgapur, Cochin, and Nashik. The Durgapur plant is operating at 85 percent capacity. Its main product, infant child favours toys, has experienced softness in the market which has led to predictions of further softening of the market and predictions of a decline in production to 65 percent capacity. If that happens, workers will have to be laid off and one wing of the factory closed. The Cochin plant manufactures toys for the age group of 5 to 10 years, for this purpose they use the basic structure manufactured by the Durgapura plant as an integral component. Demand for the toys of age group of 5 to 10 years is strong. Price and cost information for the toys of age group of 5 to 10 years is as follows: Price Rs.220 Direct materials 63 Direct labour 12.50 Variable overhead 25 Fixed overhead 10 Fixed overhead is based on an annual budgeted amount of Rs.3,50,000 and budgeted production of 3,500 toys. The direct materials cost includes the cost of the raw material received from infant division at Rs.20 (market price). The Durgapur plant capacity is 2,000 toys per year. Cost data are as follows: 07

03 04 07

Direct materials Rs.7.50 Direct labour 6.00 Variable overhead 6.00 Fixed overhead 10.00 Fixed overhead is based on budgeted fixed overhead of Rs.2,00,000. Required: 1. What is the maximum transfer price the Cochin plant would accept? 2. What is the minimum transfer price the Durgapur plant would accept? (b) Aadi Ltd. had the following inventories at the beginning and at the end of the month 07 of September 2009: September 1, 2009 September 30, 2009 Particulars (Rs.) (Rs.) Finished 1,25,000 1,17,000 goods Work-in2,35,000 2,51,000 process Direct 1,34,000 1,24,000 materials The following additional manufacturing data were available for the month of September 2009: Particulars (Rs.) Direct materials 1,89,000 purchased Purchase returns 1,000 Carriage inward 3,000 Direct labour 3,00,000 Actual factory 1,75,000 overhead The company applies factory overhead at a rate of 60% of direct labour cost, and any over applied or under applied factory overhead is deferred until the end of the year 2009-10. Calculate the manufacturing cost of the company for the month of September 2009. OR (b) AB Ltd is organized into two large divisions A and B. Division A produces a 07 component which is used by division B in making a final product. The final product is sold for Rs.480. Division A has a capacity to produce 2,400 units and the entire quantity can be purchased by division B. Division A informed that due to installation of new machines, its depreciation cost has gone up and hence wanted to increase the price of the component to be supplied to division B at Rs.264. Division B, however, can buy the component from the outside market at Rs.264 each. The variable cost of division A is Rs.228 and fixed cost is Rs.24 per component. The variable cost of division B in manufacturing the final product by using the component is Rs.180 (excluding the component cost). If division B purchases the entire component from division A. Calculate the total contribution of the company. Q.3 (a) Explain the difference between the cost accountancy, costing and cost accounting. 07 (b) Aashish timber merchant purchased 1,000 cubic foot of timber logs on April 01, 07 2009 at the rate of Rs.100 per cubic ft and stored them in his timber yard for six months for seasoning. In the timber yard the following items of expenses were incurred during the period of six months of seasoning. Rent Rs. 1,250 per month Salaries of 4 guards at the rate of Rs. 250 per month Incidental expenditure for maintenance, power, lighting, etc. Rs. 750 per month Annual share of administration overheads Rs. 10,000.

Q.3

50% of the floor area of the godown and other connected operations were incurred for stocking the seasoned timber. Loss in volume of the logs due to seasoning should be taken at 10%. If the timber merchant desires a profit of 15% on cost Work out the selling price of the seasoned timber per cubic ft. OR (a) Elaborate in detail the methodology to be adopted for departmentalization of 07 overhead expenses. How the activity based apportionment helps the organization to achieve the much precise level of cost compilation? Elaborate in detail. (b) The Nami Mani company ltd. Is divided into four department A,B, & C production 07 department and D is service department. The actual costs for October, 2009 are as follows. Rs. Rent 1000 Repairs to plants 600 Depreciation of plant 450 Light 100 Supervision 1500 Fire insurance stock 500 Power 900 Employees state insurance contribution 150 The following information is available in respect of four departments. Departments A B C D Area sq ft. 1500 1100 900 500 No. of 20 15 10 5 employees Total wages 6000 4000 3000 2000 Rs. Value of 24000 18000 12000 6000 plant Rs. Value of 15000 9000 6000 stock Rs.
Apportion the cost to the various departments by preparing overhead distribution chart.

Q.4

(a) What do you mean by job costing? Under what circumstances, the job costing 07 suitable? Can the caterer use the job costing? If no, which method he should use? (b) The Pavapuri plant purchased Rs.2,75000 of direct materials during the May. 03 Beginning direct materials inventory was Rs.16,000, and direct materials used in production were Rs.2,00,000. What is ending direct materials inventory? (c ) Parshwa Company produced 10,000 units at an average cost of Rs.6 each. The 04 beginning inventory of finished goods was Rs.3,510. (The average unit cost was Rs.5.85.) Parshwa sold 8,900 units. How many units remain in ending finished goods inventory?
OR

Q.4

(a) APW Ltd. uses process cost system to manufacture Dust Density Sensors for the 07 mining industry. The following pertains to operations for the month of March 2009: Particulars Units Opening work-in-process (March 01, 2009) 1,280 Introduced in production during March 2009 7,200 Closing work-in-process (March 31, 2009) 950 There is no loss in the manufacturing process. The opening inventory was 60% complete for materials and 50% complete for conversion costs. The closing inventory was 80% complete for material and 60% complete for conversion costs. Costs pertaining to the month of March 2009 are as follows:

Particulars Opening work in process: Materials Conversion During the month: Materials Conversion

Rs. 20,500 16,350 1,12,830 89,520

Calculate the total cost of closing work-in-process on March 31, 2009, using FIFO method.

(b) AB Ltd. has furnished the following data pertaining to its product at 40% capacity 07 level, which is its break-even level: Particulars Rs. Selling price per ton 69.50 Variable cost per 35.50 ton Fixed expenses 18,02,000
The company wants to increase the production by 40%. The selling price will be reduced by 10% for first 20% additional production and 15% of original selling price for next 20% additional capacity. Work out the profit for additional 40% capacity level.

Q.5

Q.5

(a) HP Ltd. has furnished the following information pertaining to its 3 products: Product Product Product Overhead Department Allocation Base A B C costs Production Machine Hours 1,000 2,000 500 Rs.14,00,000 Purchasing Purchase Orders 100 300 150 Rs. 5,00,500 Inspection Labour Hours 200 200 200 Rs. 3,00,000 Assuming overhead is allocated based on activities, using ABC basis, how much would be allocated to Product B? (b) Sita Plastics Ltd. manufactures plastic chairs. The company is working at 60% capacity level, which represents 4,800 chairs per month. The cost break-up per chair is as under: Materials Rs.62 Labour Rs.32 Overheads Rs.40 (60% fixed) The selling price is Rs.180 per chair. The company is planning to produce at 80% capacity level. At 80% capacity level the selling price falls by 5% accompanied by a similar fall in the price of materials.Calculate the break-even point in units and profit at 80% level of capacity. OR (a) Presidency Club is involved in providing staying facilities and Gym facilities to its members. It has a capacity of 25 single rooms and 15 double rooms and the gym facility is provided for residents in the club and also outsiders. The club has furnished the following cost structure: Service Variable cost per day Single Room Rs.65 Double Room Rs.45 Gym facility Rs.50 The fixed cost per day is: For single room Rs.25 For double room Rs.35 For Gym Rs.10 The average occupancy rate in the club is 80% for 365 days of the year. The club deserves a margin of 25% on hire of room and the rent of double room should be fixed at 150% of a single room.Work out the rent of a double room per day. (b) Distinguish between scrap, spoilage, and defectives in a restaurant industry with specific reference to accounting treatment for each.
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Seat No.: _____

Enrolment No.______

GUJARAT TECHNOLOGICAL UNIVERSITY

MBA. Sem-II Remedial Examination December 2010

Subject code: 820001 Subject Name: Cost and Management Accounting

Date: 16 /12 /2010 Time: 10.30 am 01.00 pm Total Marks: 70

Instructions:
1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks. Q.1 (a) Explain the following terms: 07 1. Direct Cost 2. Indirect Cost 3. Cost Object 4. Cost Driver 5. Cost Allocation 6. Cost Sheet 7. Semi variable cost (b) From the following details calculate variable cost, fixed cost and contribution 07 for each product for both the years. Particulars Year 1 Year 2 Q.2 Sales 39,000 43,000 Total Cost 34,800 37,600

(a) Write a detailed note on Target Costing. 07 (b) Standard material required for manufacturing 100 kg comical X is given below: 07 45 kg of material A @ Rs. 2 per kg. 40 kg of material B @ Rs. 4 per kg. 25 kg of material C @ Rs. 6 per kg. The standard loss is 10 kg. During the 42nd week, 2000 kg. of comical X was produced and actual material usage is as follows: Material A: 1000 kg. @ Rs. 1.9 per kg. Material B: 850 kg. @ Rs. 4.2 per kg/. Material C: 450 kg. @ Rs. 6.5 per kg. Calculate all material related variances. OR (b) Company M has budgeted following sale for the month. 07 Toy A: 900 units @ Rs. 50 per unit Toy B: 650 units @ Rs. 100 per unit Toy C: 1200 units @ Rs. 75 per unit Actual sales were, Toy A: 1000 units @ Rs. 55 per unit Toy B: 700 units @ Rs. 95 per unit Toy C: 1100 units @ Rs. 78 per unit The cost per unit of A,B, and C are Rs. 45, Rs. 85 and Rs. 65 respectively. Compute all sale margin relate variances.
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Q.3

(a) M Ltd. Uses Job Costing at its plant. The plant is machining department and an 07 assembly department. Its costing system has two direct cost categories, direct material and direct manufacturing labor. It has two manufacturing overheads cost pools machining department and assembly department. Overheads of machining department are allocated on the basis of actual machine hours and assembly department overheads are allocated on the basis of actual direct manufacturing labor cost. The budget for the plant is: Machining department Manufacturing O/H 36,00,000 Direct manufacturing 28,00,000 labor cost Direct Manufacturing 2,00,000 Labor Hours Machine Hours 1,00,000 Particulars Assembly department 72,00,000 40,00,000 4,00,000 4,00,000

From the above information calculate: 1. Budgeted manufacturing O/H rate for each department. 2. During February the job cost record for Job 494 contained the following, calculate the cost of this job. Particulars Machining Assembly department department Direct Material used 90,000 1,40,000 Direct manufacturing 28,000 30,000 labor cost Direct Manufacturing 2,000 3,000 Labor Hours Machine Hours 4,000 2,000 3. At the end of the year actual manufacturing O/H were 42,00,000 in machining and 74,00,000 in assembly. Assume that 1,10,000 actual machine hours were used in machining and actual labor cost amounted to 44,00,000. compute the over and under allocation of O/H. (b) Write a note on methods of absorption of overheads. 07 OR (a) AB has decided to increase the size of its stall. It wants information about 07 profitability of its three product lines Soft Drinks (SD), Fresh Produce (FP) and Packaged Food (PF). Following data is available for the current year. Particulars Soft Drinks Fresh Produce Packaged Food Revenues 31,74,000 84,02,400 48,39,600 COGS 24,00,000 60,00,000 36,00,000 Cost of bottles 4800 return No. of purchase 144 336 144 orders Number of 120 876 264 deliveries Shelf stocking 216 2160 1080 hours Items sold 50,400 441600 122400
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Q.3

Q.4

Following additional data is provided. Activity Allocation base Total support cost Bottles return Direct to SD 48000 Ordering Purchase orders (624) 6,24,000 Delivery Deliveries (1260) 10,08,000 Shelf stocking Shelf stocking hours 6,91,200 (3456) Customer Support Items sold (6,14,400) 12,28,800 Total 36,00,000 From the above information calculate: 1. Currently support costs are allocated to the product lines on the basis of COGS. Calculate profit under the current costing system. 2. Calculate the profit of all the three product lines under ABC costing systems. 3. Comment on both the results. (b) Write a note on classification of overheads. 07 (a) Following data is available about Process A. There was no opening work in 07 progress. Material introduces at the beginning of the process: 5000 units Units completed and assed to Process B: 4000 units Units remaining in work in progress: 1000 units Cost of material introduced at the beginning of the process: Rs. 20,000 Direct wages: Rs. 11,750 Factory O/H: Rs. 9,400 Degree of completion of work in progress: Material 100%, Labor 70%, O/H 70%. Calculate the following: 1. Equivalent production 2. Cot per unit of equivalent production 3. Process A account. (b) Write a short note on characteristics and features of operating costing. 07
OR

Q.4

(a) From the following data relating to different two vehicles A and B compute the 07 cost per tonne-mile. Particulars Vehicle A Vehicle B Mileage run (annual) 15,000 mile 6,000 mile Tonnes per mile 6 4 (Rs.) (Rs.) Cost of vehicle . 25,000 15,000 Road License 750 750 Insurance 700 400 Garage rent 800 700 Supervision and 2,500 2,500 salaries Direct wages per hour 3 3 Cost of petrol per 3 3 gallon Miles run per gallon 20 miles 15 miles Repair and 1.65 2 maintenance charges (Rs. Per mile) Tyre allocation per 0.4 0.6 mile Estimated life of 1,00,000 75,000 vehicle in miles
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You are required to charge interest on cost of vehicle @ 5% p.a. the vehicle runs 20 miles per hour on an average. (b) Explain Normal Loss, Abnormal Loss and Abnormal gain with an example 07 under process costing. Q.5 (a) A department attaints a sale of Rs. its expenses are given below. Administrative Rs. Exp. Office salaries 90,000 General expenses 2% of sales Depreciation 7,500 6,00,000 at 80% of its normal capacity and 07 Selling Cost Rs.

Q.5

Salaries 8% of sales Traveling Exp. 2% of sales Sales office 1% of sales Exp. Rates & taxes 8,750 General Exp. 1% of sales The distribution costs are: Wages Rs. 15,000, Rent 1% of sales, and other expenses 4% of sales. Draw up a flexible administration overhead, selling and distribution overhead costs budget, operating at 80%, 90%, 100% and 110% normal capacity. (b) What is cost plus pricing? Which are the most common methods of cost plus 07 pricing? OR (a) What are the various advantages and disadvantages of budgeting? 07 07 (b) The operating statement of a company is as follows: Sales (80,000 units @ Rs. 15): Rs. 12,00,000 Variable cost: - Material: 2,40,000 - Labor: 3,20,000 - Overheads: 1,60,000 _________ Total Variable cost: 7,20,000 Fixed: 3,20,000 _________ Total Cost: 10,40,000 __________ Profit: 1,60,000 The plant capacity is 1,00,000 units. A customer from USA is desirous of buying 20,000 at a net price of Rs. 10 per unit. Advise the company whether or not the offer should be accepted? Will your advise be different if the customer is a local one?
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Seat No.: _____

Enrolment No.______

GUJARAT TECHNOLOGICAL UNIVERSITY

MBA Second Semester ( Regular / Evening ) Examination May 2010

Subject code: 820002 Subject ame: Environment for Business

Date: 22 /05 /2010 Total Marks: 70 Time: 11.00 am 01.30 pm

Instructions:
1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks. Q.1 (a) Discuss the rationale for foreign direct investment in India. (b) Discuss the argument for and against Indias membership of WTO. 07 07

Q.2

(a) Distinguish between the terms Corporate Social Responsibility and 07 Corporate Governance. Discuss important concerns in improving corporate governance in India. (b) Distinguish between budgetary deficit and fiscal deficit. Write a brief note on 07 Fiscal Responsibility and Budget Management Act-2004 OR (b) Is the strategy of five year plan still relevant for Indian Economy? Discuss the 07 policy approach adopted in the 11th five year plan. (a) Why do we need value-based management in global societies? Explain the importance of ethics in business with help of example. (b) Recognizing the fact that regional cooperation would continue to feature for a long time in world trade despite WTOs multilateral negotiations, India has been active in regional and bilateral arrangements. Give an outline of Indias recent developments in bilateral and regional trade agreements. OR (a) Explain meaning of the terms Cultural Adaptation, Cultural Shock and Cultural Transmission. How are they important in determining environment for business? Explain with help of appropriate examples. (b) What is meant by capital account convertibility? Discuss the advantages and disadvantages of Capital Account Convertibility. 07 07

Q.3

Q.3

07

07

Q.4

(a) The main aim of promoting technological collaboration in India is to promote 07 technological development. Discuss (b) What impact technology has on the process of globalization? Write a note. 07
OR

Q.4

(a) What incentives patent provide to the innovators? Briefly explain the effect 07 of change in the patent law of India on pharmaceutical industry. (b) Write a note on ISO standards. 07 (a) Compare and contrast Green Marketing with Traditional Marketing. (b) Write a note on important outcomes of global summit on climate change in Copenhagen 2009 OR (a) How government policies for pollution control are influencing the business environment in India? (b) Write a note on ecological implications
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Q.5

07 07

Q.5

07 07

Seat No.: _____

Enrolment No.______

GUJARAT TECHNOLOGICAL UNIVERSITY

MBA. Sem-II Remedial Examination December 2010

Subject code: 820002 Subject Name: Environment for Business

Date: 18 /12 /2010 Time: 10.30 am 01.00 pm Total Marks: 70

Instructions:
1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks.

Q.1

(a) Define & Discuss Economic Environment for Business with appropriate 07 examples. (b) Illustrate your understanding of economic and non economic 07 environment with reference to India. (a) Discuss the concept of Social Responsibility of Business with Examples. 07 (b) Enumerate the different roles played by Government in Economy. 07 OR (b) Explain the macro factors affecting Business Organizations. 07 (a) Explain the impact of Technology with plant level implications. (b) Explain the impact of technological growth on Indian Economy. OR (a) Discuss the monetary and fiscal policy with current situation prevailing in India. (b) Discuss the mixed economy model in detail with critical analysis. 07 07 07 07

Q.2

Q.3

Q.3

Q.4

(a) Discuss the effects of balance of payment on Exports from the Country. 07 (b) Explain and discuss the effects of Tariff and Non-tariff Barriers on 07 International trade.
OR

Q.4

(a) Elaborate Economic reforms and Special Economic Zones in India (b) Discuss in detail how FEMA is different from FERA.

07 07

Q.5

Q.5

(a) Discuss the importance and benefits of Ecological Environment. 07 (b) Explain Carbon credit and its effect on Carbon emission reduction. 07 OR (a) Explain the efficacy of regulation related to pollution control on 07 Business and industry in India. (b) Discuss in detail Sustainable Development. 07
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Seat No.: _____

Enrolment No.______

GUJARAT TECHNOLOGICAL UNIVERSITY

MBA Second Semester-II (Evening) Examination May 2010

Subject code: 810004 Subject ame: Managerial Communication

Date: 27 / 05 / 2010 Total Marks: 70 Time: 11.00 am 01.30 pm

Instructions:
1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks. Q.1 (a) Define the Communication process and state the different 07

elements of Communication. (b) What is the anatomy of a poor listener?

Q.2

07

(a) Write a crisp note on the 7Cs for effective communication. 07 (b) What are the characteristics of Non-verbal Communication 07

and discuss its important in oral communication?

OR (b) Define a Business Meeting and what the ways and means are 07

of conducting a meeting effectively?

Q.3 (a) You are the marketing head of ABC Co. what will be your 07

strategies be for executing the informative message you have for your Regional Sales Heads at the meeting on 28th. June 2010. (b) Write your strategies for handling the Question-Answer 07 sessions at the above meeting .
OR Q.3 (a) Due to recession this year you have to make a persuasive 07

speech to your Employees what will your strategies for executing it. (b) Write your strategies for handling the Question-Answer 07 sessions at the above meeting.
Q.4 (a) Write a note on the barriers of communication and how do 07

you over come them. (b) Write a note on different Visual Aids and state its emphasis in 07 presentations.
OR

Q.4

(a) Describe the structure of a formal presentation and explain 07

the importance of directiveness in the different parts of your presentation. (b) Write a note on a Smart E-mail. 07
1

Q.5

(a) You are the Regional Manager of the Bank of Scotland in 07

Delhi for its Indian operations. You have observed that in the Indian Market there is a decline in customers and they are more inclined towards to Indian Banks. Communicate to your Chief- Manager at your head-office of the current status and propose your views to improve the banks standing in years to come. (b) As the General Manger of Ripe Fruit Co. you need to talk to 07 your regional Managers for launching a new product in the market. You should assess then current market and the strategies for the launch of the new product. Communicate to your regional mangers with necessary details for attending the meeting.
OR Q.5 (a) Mr. Ranjit Talwar is working under you in Ram Marketing 07

Co. Write a short confidential memorandum report about him. You may consider the following: Ability to perform in the current job Capacity to get along with superiors ,peers and subordinates Support for his communication abilities Willingness to perform high quality work Control over time Evidence of creativity in solving problems Desire to continue to work in the company (b) You are the recruitment head of an MNC reporting to the 07 HR.Manager. There is a mass recruitment for your new office at Banglore. What would be your preparation to accomplish the job write a communication to your H.R.Manager.
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Seat No.: _____

Enrolment No.______

GUJARAT TECHNOLOGICAL UNIVERSITY

MBA (Evening) Sem-II Remedial Examination December 2010

Subject code: 810004 Subject Name: Managerial Communication

Date: 20 /12 /2010 Time: 10.30 am 01.00 pm Total Marks: 70

Instructions:
1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks. Q.1 (a) Define Communication and explain the process of communication. (b) What are 7 characteristics of effective communication? (a) What are the barriers to communication? Explain in brief. (b) Enlist the elements of verbal communication and explain in brief. OR (b) What is non verbal communication? Explain. (a) Explain the role of listening in communication. (b) Explain the types of listening in detail. OR (a) Differentiate between active and passive listening. (b) Explain the features of a good listener and name some barriers in effective listening. 07 07 07 07 07 07 07 07 07

Q.2

Q.3

Q.3

Q.4

(a) Explain the basic etiquette that needs to be kept in mind during 07 telephonic conversations. (b) Explain the process of effective oral presentation. 07
OR

Q.4

(a) Explain the interview process. What are the various types of interviews? (b) How would you conduct a meeting efficiently?

07 07

Q.5

Q.5

(a) What are business reports? Explain the types of business reports? 07 What are memos? With an example discuss the format of a memo. (b) 07 OR (a) Discuss the various elements of communication for the purpose of 07 employment. (b) With an example explain the structure of a business report. 07
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Seat No.: _____

Enrolment No.______

GUJARAT TECHNOLOGICAL UNIVERSITY

MBA Second Semester ( Regular / Evening ) Examination May 2010

Subject code: 820005 Subject ame: Marketing Management

Date: 26 / 05 /2010 Total Marks: 70 Time: 11.00 am 01.30 pm

Instructions:
1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks. Q.1 (a) What is marketing management? Explain different marketable entities with 07 suitable examples. (b) Explain the concept of holistic marketing. 07 (a) Discuss the various steps in the marketing research process. (b) Explain the differences between consumer and business markets. OR (b) Explain the concepts of customer perceived value and customer lifetime value. (a) Explain with suitable examples the various segmentation variables in consumer markets. (b) Discuss the various competitive strategies for market leaders. OR (a) Explain with suitable examples the main sets of brand equity drivers used for building brand equity. (b) Discuss the current life cycle stage of mobile phone industry and recommend strategies to be used by industry players. (a) Explain the concept of product mix in detail with a suitable example. (b) Discuss the distinctive characteristics of services.
OR

Q.2

07 07 07 07 07 07 07

Q.3

Q.3

Q.4

07 07 07 07 07 07

Q.4

(a) Discuss various strategies used for promotional pricing and differentiated pricing. (b) Explain the four major methods of consumer goods market testing. (a) Explain vertical, horizontal and multichannel marketing systems. (b) Explain the various modes of marketing communication mix with relevant examples. OR (a) Explain the 5 Ms of advertising. (b) Comment on the growth of new retail environment in India.
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Q.5

Q.5

07 07

Seat No.: _____

Enrolment No.______

GUJARAT TECHNOLOGICAL UNIVERSITY

MBA Sem-II Remedial Examination December 2010

Subject code: 820005

Date: 22 /12 /2010

Subject Name: Marketing Management

Time: 10.30 am 01.00 pm Total Marks: 70

Instructions:
1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks. Q.1
India is the second largest market for two-wheelers and in 2008-09 Indians bought 07 over 7.4 million two-wheelers-motorcycles, scooters, mopeds and step-thrus and electric two-wheelers. This year, the market has grown at over the 17 per cent. Mahindra & Mahindra could not resist and straddle the entire spectrum of automobile by positioning its scooters, a portfolio of three (Duro, Rodeo and Flyte) as power scooters. Honda leads the pack with a market share of 53 per cent followed by TVS (21%), Hero Honda (14%) and Suzuki (8%). Mahindras share is a tad above 2 per cent, Being a marketing consultant suggest appropriate strategies to Mahindra & Mahindra for success in scooter segment. A member of the Tata Group, India's largest conglomerate - making everything from 07 (b) steel to tea - Tata Motors current product lineup is built upon a backbone of work trucks and affordable, mass-market cars. Purchasing Jaguar and Land Rover would not only give the auto maker entry into myriad global markets. Acquiring the legendary British marques so soon after establishing independence from the UK would be a huge boost to Indian national pride. On the other hand, the lack of corporate and brand synergies between Tata and its intended acquisitions are so great those industry analysts are calling the purchase a mistake. Indian auto parts makers do not have the technical capability necessary to support production of luxury automobiles, meaning Tata could not likely benefit from lower wages and materials costs by producing the cars in India. Importing parts for production would drive costs up, and outsourcing production would be even more expensive. It seems that if the deal does go through, it will be more on the basis of passion than prudence. Discuss the entire excerpts in line with Brand Portfolio Management with the execution of the same

(a)

Q.2

(a) Suppose you are the product manager for a new aseptic packaging material, which 07
preserve milk and other dairy products without refrigeration. The product is in the introductory stage of its life cycle. What are the implications of this position in the decisions you must make about each of the 4Ps when designing a strategic marketing program for this product? When (if) this product reaches the growth stage, what changes will you have to make in your marketing plan, including its objective? (b) Being a marketing student, generate one questionnaire for measuring the satisfaction 07 level of Cola brand available in Indian Market

OR (b) Discuss the merits of relationship marketing. Describe in detail companies which are 07
in business today that models relationship marketing.

Q.3

(a) The herbal shampoo market is valued at around Rs. 100 crores. Nyle, Ayur, Dabur 07
and Biotique are some of the established brands in the market. Helene Curtis (JK Group) has introduced a premium herbal shampoo (with variants Shikakai, henna and amla and brahmi and josur) priced between Rs. 80 and Rs. 90 (500 ml) for different types of hair. The proposition is the benefits offered by the variant based on the combination of herbs. The benefits offered by the variants range from extra protection and nourishment to colour, body and bounce. The shampoos have been launched under the brand name Premium Herbal Shampoos and they target urban housewives with a monthly household income of Rs.25, 000. The brand is distributed through 70,000 retail outlets and 120 Raymond shops. The company has planned only point of purchase (POP) posters initially and may consider the electronic media later. The shampoo has an annual advertising expenditure of Rs. 10 crores.- Comment on the marketing mix of JK's Premium Herbal Shampoos and give suggestions for making it more effective. How can marketers learn about the stages in the buying process for their product? List 07 (b) and briefly characterize various methods involved in buying process.

Q.3

OR Critics of Nike often complain that its shoes cost almost nothing to make, yet cost the 07 (a) consumer so much. Identify the elements of providing and communicating value that add to Nikes cost structure and result in the high price of Nikes shoes. (b) Most studies indicate that the market pioneer gains the greatest advantage in the 07 marketplace. What are the sources of the pioneers advantage? (a) Developing brand strategies for a service brand requires special attention to the 07
elements of branding and marketing. Explain why it is different for branding a service versus a tangible product. (b) Discuss in detail the process for new product development. 07 OR (a) Being a circulation manager of Vernacular news paper show your preference for 07 penetration Vs. Skimming strategy for long term business in Gujarat with suitable examples. (b) The vast array of products that consumers buy can be classified on the basis of 07 shopping habits and are broken down into four main areas. List these four main classifications of consumer goods and explain what elements are included within.

Q.4

Q.4

Q.5

(a) You are a worlds largest manufacturer of new edge Electronic appliances like Dish 07
Washer & Home vacuum Cleaners and you have modified your product to suit Indian requirement. Your challenge here is to make your product popular in the middlemiddle & upper-middle class families. Explain the steps of an effective communications campaign that you will undergo. (b) Do you think growth of organized retailers threaten traditional retailers? Retailers 07 examining their product mix find that many of their products are not profitable or do not make economic sense. Yet these products still take up retail shelf space. Kindly suggest appropriate guidelines for balancing the product mix.

OR Q.5 (a) Think for awhile, you are in Microsoft and responsible for designing an operating 07
system for computers. In designing a distribution channel for a product of such a nature what decisions or questions you think critical?- Justify your answer (b) What decisions do companies face in designing and managing a sales force? 07 *************