1) 4

2) 30
3) 20
0.2 0.6 0.2
20 50 100
20 200 200 200 200 200
50 -100 500 500 -100 500
100 -600 0 1000 -600 1000

EV Method
200

380

80

Maximin

20 50 100

0 300 800 800

300 0 500 500
800 500 0 800

Employ

Q4

Project A 490

Project B 345

Project C 505 505

Expected value without information 530

25

100 200 300

300 11000 25000 37800
200 11000 25000 17800
100 11000 5000 -2200
 1)
Seminar fee 25000 50000 75000
Printing cost per participant -5000 -10000 -15000
Room charges -9000 -15000 -19000
Staff -3200

2)
Seminar fee 25000 50000 50000
Printing cost per participant -5000 -10000 -10000
Room charges -9000 -15000 -19000
Staff -3200

11000 25000 17800

2)
Seminar fee 25000 25000 25000
Printing cost per participant -5000 -5000 -5000
Room charges -9000 -15000 -19000
Staff -3200

11000 5000 -2200

400 450 500

Variable Costs 2000 1750 1500

120 2000 560000 577500 570000

160 1750 480000 507500 510000
210 1500 380000 420000 435000
 30 35
0.4 0.5 0.1 0.3 0.3
Sales 3600000 3300000 4200000 3780000 3500000
Variable Costs -1320000 -1210000 -1540000 -1188000 -1200000
Advertising Costs -900000 -900000 -900000 -970000 -970000
Fixed Costs -450000 -450000 -450000 -450000 -450000

930000 740000 1310000 1172000 880000

873000 912400

Ans 35

740000

P1 7500
P2 9800
P3 10000

Value of Perfect Informatgion 10000

Value of Imperfect Information 17500

-7500

123)
105
250

355
Q3)
Labour Rate Variance

74400 69750

4650

Labour efficiency variance

-2400 A

Q2)
Material Usage Variance -2000
1100

Q3)
Variable Overhead Expenditure Variance

Efficiency Variance

1) -500

Expenditure Variance

600
Supplie 50
 0.4
3290000
-1128000
-970000
-450000

742000

742000