Required:

a) On the assumption that the costs for this trading period will not change significantly from those of the previous period, prepare marginal costing statements to show contributions for each department and contribution and profit for the Store overall on the basis of:

i) all departments remaining in operation;

ii) the closure of the Restaurant Department

b)Discuss briefly the financial and non-financial consequences of closing the Restaurant Department.

c)Identify the problems which Samantha would need to address in her new role as Management Accountant of Traditions Limited.

d) Explain the main factors which will influence the design and implementation of a Management Information System for Traditions Ltd.

e) How would you, as Samantha, approach the setting up of a budgetary planning and control system for the Store and what behavioural problems do you think you might encounter.