Whether the following statement is True or False: “Closing Stock appearing in the trial balance is at ₹56, 000 as on 31stMarch, 2019 and the market value as on that date is ₹66, 000. In that case ₹56,000 must be recorded as a value of closing stock in the final accounts.”

Acompany manufactures x units of product a and y units of product b, on two machines, i and ii. it has been determined that the company will realize a profit of $3 on each unit of product a and $4 on each unit of product b. to manufacture a unit of product a requires 7 min on machine i and 5 min on machine ii. to manufacture a unit of product b requires 8 min on mchine i and 5 min on machine ii. there are 175 min available on machine i and 125 min available on machine ii in each work shift. how many units of a product should be produced in each shift to maximize the company's profit p?