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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There are two general types of controls, preventative and detective.1. Research and provide an overview of

these two types of controls.

2. Assume you are the manager of a convenience store and are looking to minimize “shrinkage” from employee theft:

    A) Name three preventative controls you would put into place.

    B) Name three detective controls you would put into place.

Assume you have 5 employees and sufficient resources to perform the controls. Be specific!

 

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