29 Use the following information to calculate figures in the table below. Manufacturer: $ 60 net selling

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29 Use the following information to calculate figures in the table below. Manufacturer: $ 60 net selling price. Marks up (Wholesaler: $ 20. Retailer: $ 40) Applicable VAT: 30% Manufacturer Wholesaler Retailer Customer Wholesaler Gross Selling Price is: $60 $ 80 $120 Calculation Net cost of sales Mark up Net selling price VAT chargeable (3096) Gross selling price Accounting for VAT Due to Customs and Excise Recoverable from Customs and Excise (subtract) Net VAT Paid by

Posted Date: Jun 06, 2024 01:38 PM

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29 Use the following information to calculate figures in the table below. Manufacturer: $ 60 net selling

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