Candidates should answer THREE questions
Students should answer any THREE questions
1.The following information relates to forecasts of activity for Lake plc.:
Sales
£000 Materials
£000 Wages
£000 Expenses
£000
August 3,000 1,200 700 400
September 3,000 1,200 700 450
October 3,200 1,300 800 450
November 3,400 1,400 900 475
December 3,400 1,400 900 475
&n ...