Data for a Factory -
Open-Book Accounting Is a Management Accounting Technique with the

Data for a factory
$\begin{array}{ll}\text { Total factory cost } & £ 10,000 \\\text { Total time au ailable on key resource (hours) } & 2,500 \\\text { Contribution per unit product A } & £ 34.00 \\\text { Contribution per unit product B } & £ 30.00 \\\text { Contribution per unit product C } & £ 22.00 \\\text { Contribution per unit product D } & £ 20.00 \\\text { Hours required product A } & 12.0 \\\text { Hours required product B } & 6.0 \\\text { Hours required product C } & 6.0 \\\text { Hours required product D } & 8.0\end{array}$

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Open-book accounting is a management accounting technique with the following important supply chain implications

A) Progressive cost cuts are required from suppliers
B) Enables JIT supply and purchasing based on knowledge of suppliers
C) Sharing of cost and output data enables benefits of partnership sourcing
D) Synchronisation of production plans