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DaFuzzyDude
19.03.2021 •
Business
Simpkin Corporation owns manufacturing facilities in States A, B, and C. B uses a three- factor apportionment formula under which sales are double-weighted Simpkin's operations generated $1,000,000 of apportionable income, and its sales and payroll activity and average property owned in each of the three states is as follows.
State A State B State C Totals
Sales $400,000 $800,000 $300,000 $1,500,000
Payroll 100,000 150,000 50,000 300,000
Property 200,000 200,000 200,000 600,000
Simpkin's apportionable income assigned to B is:.
a. $1,000,000
b. $533,333
c. $475,000
d. $0.
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Ответ:
Simpkin Corporation
Simpkin's apportionable income assigned to B is:.
b. $533,333
Explanation:
a) Data and Calculations:
Apportionable operating income = $1,000,000
State A State B State C Totals
Sales $400,000 $800,000 $300,000 $1,500,000
Payroll 100,000 150,000 50,000 300,000
Property 200,000 200,000 200,000 600,000
State B's portion of the operating income = $1,000,000 * $800,000/$1,500
= $533,333
Ответ: