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Purchase price is what the employee time costs the company to provide the service. Hourly rate plus all costs to you for that employee.
Sales price is what you charge the customer for that employee time.
EX.
Company X buy material 1001 from Company Y.
SO I must maintain a Purchase contract of material 1001 of Company X, supplier is Company Y.
Meanwhile, I have to maintain a Sale Price list of material 1001 of Company Y, customer is Company X.
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What is a tax based on the price of goods and paid at the time of purchase?
A tax based on the price of goods and paid at the time of purchase is a sales tax.
Purchase decisions are based on how consumers perceive prices and what they consider to be the blank price not the marketer's stated price?
Last purchased price current actual current sales price referent price, Ans: current sale price.
What nation's production possibilities curve is constructed under the assumption that?
Suppose the purchase price of a dining room set is $650.If the sales tax is $58.50, what is the sales tax rate?
What is a ruling price?
The ruling price at any time is the last recorded sales price .
Difference between sales plan and sales forecast?
A sales plan and a sales forecast are essentially the same, however the big difference is one is a set plan for the whole year. It is mostly used with larger corporations to single out units. A sales forecast is set at the store/branch level and is there to help with the changing situations (ie weather, natural disasters, and the such) A plan is what you are going to do and a forecast is what you think is going to happen. There should be a link between the two, but you may not have the capacity to make all that you could sell.
If a corporation sells certain capital equipment for more than their initial purchase price the difference between the sales price and the purchase price is called a?
A profit.
If you purchase a new vehicle and trade one in is the 6 Pennsylvania sales tax calculated on the full purchase price or with the trade in amount deducted?
Sales tax in Pennsylvania is calculated on the difference between the sales price of the car and the trade-in amount. This is usually called the "money difference"
How do you find the difference between sales price and actual price?
Subtract the sales price from the actual price!
What is the difference between property tax and sales tax?
Property tax is an annual assessment that is levied continually. Sales tax is paid when you purchase something and is added to the sales price.
What is the difference between the sales return and purchase return?
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What is the difference between hire purchase and installment sales?
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What is difference between sales book and purchase book?
A sales book is for recording sales (money you receive) a purchase book is for recording your purchases (money you pay).
Is sales tax on a car purchase price or car value?
Sales tax is on the purchase price not the value.
The difference between sales price per unit and variable cost per unit is the?
The sales price includes variable cost, the cost of the unit and the markup. Sales price is the rate customers pay for the item.
What is the difference between a sales volume variance and a sales price variance?
Volume is a change in how many products you sell Price is a change in how much you charge for the product
Is it legal for at and t to charge sales tax on the full retail price of a cell phone if the phone is refurbished?
Depending on the state you purchase the phone in the sales tax will apply to the actual price paid (out of pocket) or the full undercounted retail value. By that I mean the difference between what the phone costs you and the advertised price of the phone ex-contract.
What is the difference between sales price per unit and variable cost per unit?
contribution margin
