Question

Alpha Company has provided projected information as

follows: 

  Net sales                                    $10,000

Fixed manufacturing costs      $1,000

Additionally, Alpha has experienced a variable manufacturing costs of 45% of net sales and sees not changes during the budget period. Alpha expects that there will be no changes to any inventory values. Use this information to determine Alpha’s: . (Round & enter final answers to: the nearest whole dollar for total dollar answers, nearest penny for unit costs or nearest whole number for units)

    1. Budgeted Cost of Goods Sold

   2. Budgeted Gross Profit

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