FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Stork Enterprises delivers care packages for special occasions. They charge $45 for a small package, and $80 for a large package. The sales tax rate is 6%. During the month of May, Stork delivers 38 small packages and 22 large packages.

PLEASE NOTE: All dollar amounts will be rounded to two decimal places using "$" with commas as needed (i.e. $12,345).

What is the total tax charged to the customer per small package? $2.70

What is the overall charge per small package? $47.70

What is the total tax charged to the customer per large package?  $4.80 

  • What is the overall charge per large package? __________
  • How much sales tax liability does Stork Enterprises have for the month of May? __________
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C. How much sales tax liability does Stork Enterprises have for the month of May? If required, round your answers to two decimal places.

 

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C. How much sales tax liability does Stork Enterprises have for the month of May? If required, round your answers to two decimal places.

 

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