e to the cial year. can this ata to eterrnlne w et or as eventuate 5 no midway through the second quarter [Q2], when sales data for the company's product are in. Consider the contingency plan and the implementation plan for the contingency below. You have already implemented a portion of the contingency plan. namely the monitoring of budget performance in the variation report you have prepared. You should now analyse the report to determine the effectiveness of the contingency plan and its implementation. You have received the following feedback from team members: I full-time workers and sales people resentful of time wasting and distracting contract employees I overtime not used but employees resentful of suggestion it might not be approved if needed I training suited the needs of many sales team members but was not relevant to about half I sales team members were happy with the incentives program and tried hard to make sales in the third quarter {Q3}; however theywere also resentful at the threatening tone of emails and soon lost enthusiasm I effect of oneday training wearing off I 50 percent of direct wages costs are attributable to shortterm contract employees whose contracts have expired and who are no longer needed I employees concerned about lack of attention paid to wastage: water; electricity: paper: raw materials I employees feel left out of budgetary decisionmaking in general. The managing director would like you to submit a revised contingency plan and contingency plan implementation to bring income and expenses under more effective control