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5 Alliance Manufacturing Ltd manufactures three products; A, B and C. The following information is provided: Products AK B K UK C K Direct materials

5 Alliance Manufacturing Ltd manufactures three products; A, B and C. The following information is provided: Products AK B K UK C K Direct materials 2,500 10,000 1,000 Direct labour 3,000 3,000 500 Variable Overheads 2,000 5,000 2,500 Sales 10,000 20,000 5,000 Total fixed overheads K3, 000 Required: (a) Prepare a Marginal Cost Statement. (b) Determine profit and loss (10 Marks) (5 Marks) c). Identify and explain six objectives of a budgetary control system

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