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please help TISK 9 Wednesday, March 5. Refer to Task 6. Carla wants you to help determine the price at which you should resell the

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TISK 9 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) Selling price to wholesalers/retailers Selling price to consumers 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 S252.90 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 PO#: 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 Task 5 for an example of a properly filled-out invoice 129844 Rocky Mountain Outdoor Products 4321 E Foothill Street SLC, UT 84108 INVOICE NO. INVOICE DATE Shipped via: Sold To: Buyer's PON Terms Description Unit Price Quantity Total Total List Price Less Trade Discount: Net Price Plus Shipping Total Including Shipping SKIT Wednesday, March 5. Prepare a payroll register like that of Illustration 8-4 of the text. Employees are paid biweekly on the following Wednesday. This payroll is for the two-week period ended Sunday, March 2. Employees are paid time and a half after 40 hours in any week. Prepare the payroll register using (1) Social Security and Medicare rates shown in the text (none of the employees exceed the ceiling for Social Security), (2) the percentage method tables shown below (the tables change from time to time, and these are slightly different from those in the text), and (3) state income tax withholding at 4% of gross pay. Notice you are the last person on the payroll register, assume that you are single, earn $12 an hour, and work part-time, Percentage Method, Part 1 One Withholding Payroll Period Allowance Weekly $ 55.77 Biweekly 111.54 Semimonthly 120.83 Monthly 241.67 Quarterly 725.00 Semiannually 1.450.00 Annually 2.900.00 Dally or miscellaneous (each day of the payroll period 11.15 Percentage Method, Part 2 BIWEEKLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person- If the amount of wages the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is to withhold is withholding allowances) is to withhold is Not over $102 $0 Not over $248 SO Over But not over of excess over Over But not over- of excess over- $102 $1,104 15% $102 $248 $1,919 15% $248 $1,104 $2,392 $150.30 + 28% $1,104 $1.919 $4,046 $250.65 +28% $1,919 $2,392 $5,323 $510.94 +31% $2.392 $4,046 $6,585 $846.21 +31% $4,046 $5,323 $11,500 $1,419.55 + 36% $5,323 $6,585 $11,617 $1,633,30 + 36% $6,585 $11,500 $3,643.27 + 39.6% $11,500 $11,617 $3,444.82 + 39.6% $11,617 Hours To Gross Pay SS Wk 1 Wk 2 42 40 Total Deductions from employee's pay MED FIT SIT Other Explain 50.00 Savings W-4Hourly Name Info Rate Carta M220.00 Crockett Mel S.1 7.50 Denison Manu M-3 13.75 Net Pay 38.5 41 40 S-1 8.50 40 40 Kim Marriot lrou 5-1 12.00 24 22 TOTALS ***** KNXX TASK 12 Wednesday, March 5. Write payroll checks. Use check numbers 1312 through 1316. TISK 9 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) Selling price to wholesalers/retailers Selling price to consumers 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 S252.90 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 PO#: 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 Task 5 for an example of a properly filled-out invoice 129844 Rocky Mountain Outdoor Products 4321 E Foothill Street SLC, UT 84108 INVOICE NO. INVOICE DATE Shipped via: Sold To: Buyer's PON Terms Description Unit Price Quantity Total Total List Price Less Trade Discount: Net Price Plus Shipping Total Including Shipping SKIT Wednesday, March 5. Prepare a payroll register like that of Illustration 8-4 of the text. Employees are paid biweekly on the following Wednesday. This payroll is for the two-week period ended Sunday, March 2. Employees are paid time and a half after 40 hours in any week. Prepare the payroll register using (1) Social Security and Medicare rates shown in the text (none of the employees exceed the ceiling for Social Security), (2) the percentage method tables shown below (the tables change from time to time, and these are slightly different from those in the text), and (3) state income tax withholding at 4% of gross pay. Notice you are the last person on the payroll register, assume that you are single, earn $12 an hour, and work part-time, Percentage Method, Part 1 One Withholding Payroll Period Allowance Weekly $ 55.77 Biweekly 111.54 Semimonthly 120.83 Monthly 241.67 Quarterly 725.00 Semiannually 1.450.00 Annually 2.900.00 Dally or miscellaneous (each day of the payroll period 11.15 Percentage Method, Part 2 BIWEEKLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person- If the amount of wages the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is to withhold is withholding allowances) is to withhold is Not over $102 $0 Not over $248 SO Over But not over of excess over Over But not over- of excess over- $102 $1,104 15% $102 $248 $1,919 15% $248 $1,104 $2,392 $150.30 + 28% $1,104 $1.919 $4,046 $250.65 +28% $1,919 $2,392 $5,323 $510.94 +31% $2.392 $4,046 $6,585 $846.21 +31% $4,046 $5,323 $11,500 $1,419.55 + 36% $5,323 $6,585 $11,617 $1,633,30 + 36% $6,585 $11,500 $3,643.27 + 39.6% $11,500 $11,617 $3,444.82 + 39.6% $11,617 Hours To Gross Pay SS Wk 1 Wk 2 42 40 Total Deductions from employee's pay MED FIT SIT Other Explain 50.00 Savings W-4Hourly Name Info Rate Carta M220.00 Crockett Mel S.1 7.50 Denison Manu M-3 13.75 Net Pay 38.5 41 40 S-1 8.50 40 40 Kim Marriot lrou 5-1 12.00 24 22 TOTALS ***** KNXX TASK 12 Wednesday, March 5. Write payroll checks. Use check numbers 1312 through 1316

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