Answer:
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