(a)[2]
State two reasons a business would prepare a flexed budget.
(b)[6]
Prepare a statement showing the budgeted profit for March.
(c(i))[2]
Calculate the direct labour rate variance in March.
(c(ii))[2]
Calculate the direct labour efficiency variance in March.
(c(iii))[1]
Calculate the total direct labour variance in March.
(d(i))[2]
Calculate how many hours were actually worked in April.
(d(ii))[5]
Calculate the number of units actually produced and sold in April.
(e)[2]
Suggest two possible reasons for the adverse efficiency variance in April.
(f)[3]
Discuss the disadvantages for EF plc if they go ahead with this plan.