(a)[5]
State three advantages and two disadvantages of operating a budgetary control system.
(b)[6]
Prepare the production budget in units for each of the four months from January to April 2019.
(c)[6]
Prepare the purchases budget in both kilos and dollars for each of the four months from January to April 2019.
(d)[4]
Calculate for the month of February the difference between the current holding cost for the closing inventory of finished goods and the holding cost if the proposal is accepted.
(e)[4]
Discuss the advantages and disadvantages to the directors of investing their own funds into the business.