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boyakko [2]
3 years ago
13

Simpkin Corporation owns manufacturing facilities in States A, B, and C. B uses a three- factor apportionment formula under whic

h 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.
Business
1 answer:
ivanzaharov [21]3 years ago
5 0

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

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azamat

Answer:

Check the explanation

Explanation:

Marginal revenue is the revenue earned by selling an additional unit of output. Marginal Revenue for fifteenth unit of output is calculated as below.

Marginal Revenue= \frac{ATR}{AQ} =\frac{1200 - 900}{15 -10} = 60

Marginal Cost is the additional cost incurred on producing additional unit of output. Marginal Cost for fifteenth unit is calculated as below.

Marginal Cost= \frac{ATC}{ AQ} =\frac{825-675}{15-10} =30

The marginal revenue when the quantity is 25 is

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7 0
3 years ago
On June 1, Aaron Company purchased equipment at a cost of $120,000 that has a depreciable cost of $90,000 and an estimated usefu
Alex_Xolod [135]

Answer:

It is $30,000(C)

Explanation:

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Using straight-line method,

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Hence, depreciation expense at the final year of service is $30,000

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3 years ago
A project has cash flows of −$161,900, $60,800, $62,300, and $75,000 for Years 0 to 3, respectively. The required rate of return
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Answer:

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Solution

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Based on the given chart, Venya and Kari would be able to produce 50 potted plants on Day 3.

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7 0
1 year ago
Mark owns stock in walgreens. he has the right to vote on company issues and examine corporate records, and he receives dividend
djyliett [7]
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