KAREL X `s cvr transcript is useful. Unless altimeter was incorrectly set, the 1000ft call at 0:46 would suggest at a 750ft.p.m. rate of descent there should have been sufficient time to execute a succesful go around at 0:16. It would be useful to know what the so called BEEP was, could this be a rad alt CHIME and whether this somehow became the cue for the PNF to announce Levers Set and make a second call of correct indication. But I would appreciate any commentary as to what is meant by LEVER SET. I would presume the word Lever means power. In which case I would assume it was the PNF who set the go around power. Is this SOP or is it another situation similar to the Cork accident.