(a)[2]
Explain the meaning of the term 'budgetary control'.
(b)[9]
Draw up the labour budget for the year ending 31 January 2018, showing clearly the labour hours, employee numbers and annual labour cost for each department.
(c)[6]
Analyse the advantages to Hyung Min of using budgetary control to help him achieve his target profit.
(d)[4]
Discuss the likely causes of the adverse variances.
(e)[4]
Advise Hyung Min on whether he should be concerned about labour variances or not. Justify your answer.