Acme engineering is a general light engineering company that specializes in metallic fixtures and fittings. It manufactures various products to customer order, and also has long term contracts to supply manufactured products to other companies. Acme is a "jobbing shop" involving craftspeople making specialized complete products-it is not a production line operation. The craftspeople work on early (6am-2pm) and late (2pm-10pm) shifts 5 days a week, and sometimes do overtime on Saturdays.. The factory is always closed on Friday. Each shift has a supervisor. The management team consists of the Managing Director, Accountant and Sales Manager. They are assisted by two Administrative Assistants who work Sunday to Thursday, 8.30am to 5.30pmS pecify indicators for the conligency The management team has decided that, in order to become more competitive, it needs more and better information on the costs involved in manufacturing: It wants to build up a database of time and cost information per manufacturing job, so that future work can be priced more accurately. This will involve recording the time spent on each manufacturing job, the costs of materials used, and the overhead costs. One problem is that Acme's craftspeople have always had a free hand to carry out their work however they like, as long as the finished fixtures and fittings conform to specification and meet deadlines. ond develop contingency