The company give their employee the W4 and 1099 forms
Answer:
Tennis racquet cost is $76.71 per unit
Badminton racquet cost is $73.67 per unit
Price of badminton racquet at 30% mark-up is $95.77
Explanation:
I calculated the cost of each racquet as well as their prices in the attached excel file.
I started I added all prime costs(direct materials plus direct labor costs) to overhead costs.
After having arrived at total manufacturing costs, I divided them by volume of each product to arrive at cost per unit.
I then marked up the cost by 30% to determine market price per unit.
Answer:
reducing procurement costs.
Explanation:
Online business to business (B2B) marketing enables companies to enhance their performance by reducing procurement costs.
An online business to business (B2B) can be defined as a type of market where a business sells goods and services to another business online.
In an online business to business marketing or e-commerce, the cost of buying a product is usually lesser when compared to other channels of sales because the seller do not have to charge so much as sales are usually transparent and done automatically.
<em>Hence, companies that are engaged in B2B are able to improve their performance and cut down the costs of procurement for goods and services. </em>
Based on the information given what happens to the balance sheet is:
Debit Cash $300 ; Debit Accounts receivables $200 ;Credit Retained earnings $500.
The appropriate journal entry is:
Debit Cash $300
Debit Accounts receivables $200
Credit Retained earnings $500
(To record retained earnings)
Inconclusion what happens to the balance sheet is: Debit Cash $300 ; Debit Accounts receivables $200 ;Credit Retained earnings $500.
Learn more about balance sheet here:brainly.com/question/1113933
Interest has to be paid...