Refer to the exhibit.

The following standard cost information relates to the production department of Brace Engineering Ltd.
The actual data for the month of March was as follows:

What is the direct labour rate variance (to the nearest whole number)?

In responsibility accounting, costs and revenues are grouped according to:

How does Beyond budgeting help to resolve the weaknesses of traditional budgeting? (Select ALL that apply.)

FL uses an absorption costing system. The overhead absorption rate for production overheads is $8.60 per direct labour hour.
Budgeted production overhead costs for the year were $473,000 and actual costs incurred were $468,000.
56,000 labour hours were used.
Which ONE of the following statements is correct?

Which THREE of the following are included in the Global Management Accounting Principles? (Choose three.)