i need help with task 31 PLEASE!!!
Dual ASK 31 Price per packet (for cartons containing 50 packets) 3.19 Monday, March 24. Last Friday you received a check from Kool Stuff (see Task 10) and today you received a check from Boswell (see Task 13). Both were sent within the cash discount period and both took the cash discount. Determine the amount each should have sent (Remember. The cash discount does not apply to shipping charges). Then, assuming that the checks were for the correct amount, prepare a deposit slip that includes these two checks, plus cash of $1,756,69. Enter the total amount of the deposit on check stub #1326. Kool Stuff, Net Amount Due (after cash discount) 11 494.95 Boswell, Net Amount Due (after cash discount) 4711.99 Cash 1756.69 Total Deposit Wednesday, March 26. Refer to Tasks 21 and 22. Today is the maturity date of the note. Write check #1326 to pay the remaining balance, including interest through March 26. Write the amount of interest, principal, and remaining balance on the left part of the check stub. 354.74 194.55 11,403.13 TASK 32 CASK 33 CASK 34 Wednesday, March 26. Write check #1327 to pay the phone bill to Qwest: $121.32. Friday, March 28. It is time to pay an invoice, shown below. Check the accuracy of the invoice, then write check #1328 to pay the correct amount. FOOD FOR LATER 10384 Marleet Street Bronx NY 10458 INVOICE NO. 162848 INVOICE DATE Mar 13, 20xx Shipped via: _UPS. Ground Buyer's PO#_05-193 Sold To: Rocky Mountain 4321 E Foothill St SLC, UT 84108 lo1,20 Unit Price Quantity 91.13 77 $ 2.25 50 Description Ready-Made Soup Mix Ready-Made Pasta Ready-Made Pudding 5.65 150 3.87 Terms 6115. 1/45 Trade Total Discount Net Price $ 112.50 10/10 $ 847.50 1070 686.48 387.00 10/10 313.47 Total Net Price $1.091.08 LU Plus Prepaid Shipping 149.61 Total, including Shipping $1,204.69 FIL 1740.49 100 Case Study - Page 10 TASK9 Wednesday, March 5. Refer to Task 6. Carla wants you to help determine the price at which you should resell the sleeping bag. Assume that you end up buying from the supplier that offers the lowest net price. Determine the price at which you should resell to wholesalers and retailers, based on a 40% markup on cost. Then, determine the price at which you should resell to consumers through your own retail outlet, based on a 40% markup on selling price. Your cost (from Task 6) 147.416 17240x40-58918 Selling price to wholesalers/retailers 70.44 you 442.40 82.52 Selling price to consumers 789.02 TASK 10 Wednesday, March 5. You receive a purchase order from Kool Stuff, a sporting goods retailer. They ! order the following products: Oly Item Price Per Unit 28 Tent, Model 5284 $252.90 15 Tent, Model 5890 $285.60 20 Backpack, Mid-Size $127.31 Prepare invoice 129844, below. Kool Stuff is located at 4425 Sunnyside Blvd, SLC, UT 84115. Their PON: M-4215. You give Kool Stuffa 15% trade discount on any products they purchase from you. Terms of sale to all customers are 3/15, 1/45. You will deliver with your company delivery van, with a delivery charge of $25. Refer to Tasks for an example of a properly filled-out invoice Rocky Mountain Outdoor Products INVOICE NO. 129844 4321 E Foothill Street INVOICE DATE MAS SLC, UT 84108 Shipped via: Sold To: Rool Stuff 49 SS Divd. Buyer's Poe M-4215 CERITAS Terms 3|15, n.45 Quantity Description Unit Price Tent model 5284 352.907081.20 15 Tent model 5890 395.60 4.294 Backpack Mid-Size 197.312546.30 Total Total List Price 13.911.40 Less Trade Discount:1502096071 Net Price 11.824.49 Plus Shipping 75 Total, Including Shipping 1849,1A ase Study - Page 4 SK 13 Monday, March 10. You receive a purchase order from Boswell Fun Company. They order the following products: Oty Item Price Per Unit 20 Backpack, Mid-Size $127.31 25 Tennis Racket, Model BB $ 47.85 15 Tennis Racket, Model B+ $74.21 Prepare invoice 129845, below. Boswell is located at 775 W 9th Street, Gillette, WY 82716. Their POW: 14682. You offer Boswell a 10/5 series discount on any products they purchase from you. Terms of sale to all customers are 3/15,n/45. Delivery is made by commercial truck, with a delivery charge of $185. Rocky Mountain Outdoor Products INVOICE NO 129845 4321 E Foothill Street INVOICE DATE MALO SLC, UT 84108 Shipped via: Comic Sold To: Boswell Fun Co. 175 Win Stut Buyer's Po#14682 Terms 3115, n 145 Quantity Description Unit Price Total Backpack Mid-Size 127.31 12546.80 25 Tuns Roodt. Model BB 4795 1196.75 15 Hunnis Root Model B+ 7401 1112.15 44 42 Total List Price 4955.00 Less Trade Discount: 1016 405.60218.50 Net Price 4151.54 Plus Shipping 185 Total, Including Shipping 4336.54 Tuesday, March 11. Prepare a deposit slip for a deposit to the firm's checking account. Cash: $1,008.25; checks: $800.45; $2,487.50; $18,355.00; and $75.88. Also enter the total amount or check stub #1317 as a deposit. Dual ASK 31 Price per packet (for cartons containing 50 packets) 3.19 Monday, March 24. Last Friday you received a check from Kool Stuff (see Task 10) and today you received a check from Boswell (see Task 13). Both were sent within the cash discount period and both took the cash discount. Determine the amount each should have sent (Remember. The cash discount does not apply to shipping charges). Then, assuming that the checks were for the correct amount, prepare a deposit slip that includes these two checks, plus cash of $1,756,69. Enter the total amount of the deposit on check stub #1326. Kool Stuff, Net Amount Due (after cash discount) 11 494.95 Boswell, Net Amount Due (after cash discount) 4711.99 Cash 1756.69 Total Deposit Wednesday, March 26. Refer to Tasks 21 and 22. Today is the maturity date of the note. Write check #1326 to pay the remaining balance, including interest through March 26. Write the amount of interest, principal, and remaining balance on the left part of the check stub. 354.74 194.55 11,403.13 TASK 32 CASK 33 CASK 34 Wednesday, March 26. Write check #1327 to pay the phone bill to Qwest: $121.32. Friday, March 28. It is time to pay an invoice, shown below. Check the accuracy of the invoice, then write check #1328 to pay the correct amount. FOOD FOR LATER 10384 Marleet Street Bronx NY 10458 INVOICE NO. 162848 INVOICE DATE Mar 13, 20xx Shipped via: _UPS. Ground Buyer's PO#_05-193 Sold To: Rocky Mountain 4321 E Foothill St SLC, UT 84108 lo1,20 Unit Price Quantity 91.13 77 $ 2.25 50 Description Ready-Made Soup Mix Ready-Made Pasta Ready-Made Pudding 5.65 150 3.87 Terms 6115. 1/45 Trade Total Discount Net Price $ 112.50 10/10 $ 847.50 1070 686.48 387.00 10/10 313.47 Total Net Price $1.091.08 LU Plus Prepaid Shipping 149.61 Total, including Shipping $1,204.69 FIL 1740.49 100 Case Study - Page 10 TASK9 Wednesday, March 5. Refer to Task 6. Carla wants you to help determine the price at which you should resell the sleeping bag. Assume that you end up buying from the supplier that offers the lowest net price. Determine the price at which you should resell to wholesalers and retailers, based on a 40% markup on cost. Then, determine the price at which you should resell to consumers through your own retail outlet, based on a 40% markup on selling price. Your cost (from Task 6) 147.416 17240x40-58918 Selling price to wholesalers/retailers 70.44 you 442.40 82.52 Selling price to consumers 789.02 TASK 10 Wednesday, March 5. You receive a purchase order from Kool Stuff, a sporting goods retailer. They ! order the following products: Oly Item Price Per Unit 28 Tent, Model 5284 $252.90 15 Tent, Model 5890 $285.60 20 Backpack, Mid-Size $127.31 Prepare invoice 129844, below. Kool Stuff is located at 4425 Sunnyside Blvd, SLC, UT 84115. Their PON: M-4215. You give Kool Stuffa 15% trade discount on any products they purchase from you. Terms of sale to all customers are 3/15, 1/45. You will deliver with your company delivery van, with a delivery charge of $25. Refer to Tasks for an example of a properly filled-out invoice Rocky Mountain Outdoor Products INVOICE NO. 129844 4321 E Foothill Street INVOICE DATE MAS SLC, UT 84108 Shipped via: Sold To: Rool Stuff 49 SS Divd. Buyer's Poe M-4215 CERITAS Terms 3|15, n.45 Quantity Description Unit Price Tent model 5284 352.907081.20 15 Tent model 5890 395.60 4.294 Backpack Mid-Size 197.312546.30 Total Total List Price 13.911.40 Less Trade Discount:1502096071 Net Price 11.824.49 Plus Shipping 75 Total, Including Shipping 1849,1A ase Study - Page 4 SK 13 Monday, March 10. You receive a purchase order from Boswell Fun Company. They order the following products: Oty Item Price Per Unit 20 Backpack, Mid-Size $127.31 25 Tennis Racket, Model BB $ 47.85 15 Tennis Racket, Model B+ $74.21 Prepare invoice 129845, below. Boswell is located at 775 W 9th Street, Gillette, WY 82716. Their POW: 14682. You offer Boswell a 10/5 series discount on any products they purchase from you. Terms of sale to all customers are 3/15,n/45. Delivery is made by commercial truck, with a delivery charge of $185. Rocky Mountain Outdoor Products INVOICE NO 129845 4321 E Foothill Street INVOICE DATE MALO SLC, UT 84108 Shipped via: Comic Sold To: Boswell Fun Co. 175 Win Stut Buyer's Po#14682 Terms 3115, n 145 Quantity Description Unit Price Total Backpack Mid-Size 127.31 12546.80 25 Tuns Roodt. Model BB 4795 1196.75 15 Hunnis Root Model B+ 7401 1112.15 44 42 Total List Price 4955.00 Less Trade Discount: 1016 405.60218.50 Net Price 4151.54 Plus Shipping 185 Total, Including Shipping 4336.54 Tuesday, March 11. Prepare a deposit slip for a deposit to the firm's checking account. Cash: $1,008.25; checks: $800.45; $2,487.50; $18,355.00; and $75.88. Also enter the total amount or check stub #1317 as a deposit
