Project: Write a Project Charter Many food products are the results of extensive research, development, and engineering. What may appear to be a simple fruit juice is actually the result of many tests to get the right balance of ingredients for taste, calories, and other specifications. Imagine you have been approached by the president of a large supermarket to develop a new food product for the store. You will write a one-page project charter based on a food you would like to invent. You may work with a group of students to develop a project charter or develop one on your own .

Assignment Directions
The one-page project charter should contain the checklist and pertinent sections. The charter will include a proposed budget and a schedule to make one sample of the product. The information can be based on online research or information you gather from food labels at a grocery store.

Assignment Guidelines
Using the information from your research, the project charter should contain the following information:

Executive summary
Project overview
Objectives
Project team
Constraints
Assumptions
Deliverables
Schedule
Budget
Authorization
Submission Requirements
Use standard English and write full phrases or sentences. Do not use texting abbreviations or other shortcuts.
Make the information easy to understand.

Alpha company uses the periodic inventory system for purchase & sales of merchandise. discount terms for both purchases & sales are, 2/10, n30 and the gross method is used. unless otherwise noted, fob destination will apply to all purchases & sales. the value of inventory is based on periodic system. on january 1, 2016, beginning inventory consisted of 350 units of widgets costing $10 each. alpha prepares monthly income statements. the following events occurred during the month of jan.: dateactivitya.jan. 3purchased on account 350 widgets for $11 each.b.jan. 5sold on account 400 widgets for $30 each. paid freight out with petty cash of $150.c.jan. 10purchased on account 625 widgets for $12 each.d.jan. 11shipping cost for the january 10 purchased merchandise was $400 was paid with a cheque by alpha directly to the freight company.e.jan. 12returned 50 widgets received from jan. 10 purchase as they were not the correct item ordered.f.jan. 13paid for the purchases made on jan. 3.g.jan. 21sold on account 550 widgets for $30 each. paid freight out with petty cash of $250.h.jan. 22authorize credit without return of goods for 50 widgets sold on jan. 21 when customer advised that they were received in defective condition.i.jan. 25received payment for the sale made on jan. 5.j.jan. 26paid for the purchases made on jan. 10.k.jan. 31received payment for the sale made on jan. 21.use this information to prepare the general journal entries (without explanation) for the january events. if no entry is required then enter the date and write "no entry required."