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Morgarella [4.7K]
2 years ago
5

Which type of tax is based on the retail price of goods owned, possessed, or consumed within a state that were NOT purchased wit

hin the state?
Business
1 answer:
Sladkaya [172]2 years ago
6 0

The type of tax that is based on the retail price of goods owned, possessed, or consumed within a state that were not purchased within the state is known as property tax.

<h3>What is a tax?</h3>

It should be noted that a tax simply means a compulsory levy that's paid by individuals and businesses to the government.

In this case, the type of tax that is based on the retail price of goods owned, possessed, or consumed within a state that were not purchased within the state is known as property tax.

Learn more about tax on:

brainly.com/question/25783927

#SPJ1

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Annual production and sales level of Product A is 34,300 units, and the annual production and sales level of Product B is 69,550
ELEN [110]

Answer:

$3.00

Explanation:

Calaculation of the approximate overhead cost per unit of Product A under activity-based costing:

The first step is to calculate for the Activity 1 allocated to Product A line which is :

$87,000 × 3,000/5,800

=$261,000,000/5,800

=$45,000

The second step is to calaculate for Activity 2 allocated to Product A line which is :

$62,000 × 4,500/10,000

$279,000,000/10,000

=$27,900

The third step is to calculate for Activity 3 allocated to Product A line which is :

$93,000 × 2,500/7,750

=$232,500,000/7,750

=$30,000

The total overhead allocated to Product A

$45,000+$30,000+$27,900

= $102,900

Overhead per unit of Product A: $102,900/Annual production of 34,300 units

= $3.00

Therefore the approximate overhead cost per unit of Product A under activity-based costing will be $3.00

4 0
3 years ago
nuary 1, Campanella Inc. issued $4,000,000, 8% bonds for $3,756,000. The market rate of interest for these bonds is 10%. Interes
olasank [31]

Answer:

$188,400

Explanation:

Data provided in the question:

Value Bonds issued = $4,000,000

Amount for which bonds issued = $3,756,000

Thus,

Bond discount at the time of issue = $4,000,000 - $3,756,000

= $244,000

Interest = 8%

Interest payable = Value Bonds issued × Interest  

= $4,000,000 × 8%

= $320,000

Market rate of interest = 10%

Therefore,

Interest expense = $3,756,000 × 10%

= $375,600

Thus,

Discount amortized = Interest expense  - Interest payable

= $375,600 - $320,000

= $55,600

Therefore,

At the end of the first year, Campanella should report unamortized bond discount

=  Bond discount at the time of issue - Discount amortized

= $244,000 - $55,600

= $188,400

3 0
3 years ago
True or False? If you have already submitted a resume with references, you do NOT need to bring copies of your resume or referen
fgiga [73]
Your answer would be true hope this helps
3 0
3 years ago
Read 2 more answers
What problems can result for an organization and its customers when the organization acts in an ethically questionable manner?
Marrrta [24]
Sales manager and buyer the organization acts in an ethically questionable manner
7 0
3 years ago
One of the largest changes in the economy over the past several decades is that technological advances have reduced the cost of
umka21 [38]

Explanation:

Over the past several decades, advances in technology, greatly reduced the cost of making computers which resulted in the decline of the equilibrium price of  computers and also resulted in increased equilibrium quantity. The reduction in the computer prices also caused an increase in the consumer surplus.

computer price down -> equilibrium price down

computer price down -> equilibrium quantity up

computer price down -> consumer surplus up

The producer surplus increases due to increase in quantity and at the same time producer surplus decreases due to decrease in price.

computer price down ->  producer surplus down

computer quantity up -> producer surplus up

8 0
3 years ago
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