Module 7 • Control


2. Supposing Leather Case now also decides to make wallets and belts. Calculate a.Weighted Average Gross Profit units b.Weighted Average Gross Profit sales (amount) c.Weighted Average Gross Profit sales (amount) if the business wants to make R10 000 profit per month.


Additional information


Wallets Belts


Calculation Product


Wallets Belts


Selling price (SP) R100 R35


Cost price (CP) R65 R15


Sales/month 100 150


CP Leather bags R75


SP


GP


Sale % GP % WAGP % 4 45.65%


1 2


57% Total


Formula Calculation A.


4 Answer


B


C.


4.


Control of technology


Modern businesses have the benefit of technology to assist their daily operations. Technology implies the use of mechanical, electronic and other scientific methods to improve your daily operations. Certain businesses like travel agencies make exclusive use of technology (computers) to generate business.


The control process requires up-to-date information, and modern technology can be a great help with this. However, given the nature of this equipment, control must also be extended to include it. This means that the small business manager must exercise proper control over all the technological equipment used. This includes:


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