Determine how much of Fiona's $250,000 commissions and $75,000 fringe beneft package is assigned to the payroll factor of State U The State U payroll factor includes for Fiona's compensation.
Determine how much of Fiona's $250,000 commissions and $75,000 fringe beneft package is assigned to the payroll factor of State U The State U payroll factor includes for Fiona's compensation.
Chapter16: Multistate Corporate Taxation
Section: Chapter Questions
Problem 35P
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Manji
![Problem 26-38 (LO. 5)
Fiona, a regional sales manager, works from her office in State U. Her region includes several states, as indicated in the sales report below.
Fiona is compensated through straight commissions on the sales in her region and a fully excludable cafeteria plan conveying various fringe
benefits to her.
State Sales Generated Fiona's Time Spent There
U
$3,000,000
V
4,000,000
X
8,000,000
20%
50%
30%
Determine how much of Fiona's $250,000 commissions and $75,000 fringe benefit package is assigned to the payroll factor of State U.
The State U payroll factor includes $
for Fiona's compensation.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3da10100-5faa-4302-851e-478b623c88de%2Ff8821ed0-da19-45e6-bcaa-a421b56ae9d7%2Fgiv5a7o_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Problem 26-38 (LO. 5)
Fiona, a regional sales manager, works from her office in State U. Her region includes several states, as indicated in the sales report below.
Fiona is compensated through straight commissions on the sales in her region and a fully excludable cafeteria plan conveying various fringe
benefits to her.
State Sales Generated Fiona's Time Spent There
U
$3,000,000
V
4,000,000
X
8,000,000
20%
50%
30%
Determine how much of Fiona's $250,000 commissions and $75,000 fringe benefit package is assigned to the payroll factor of State U.
The State U payroll factor includes $
for Fiona's compensation.
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