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? __________ What is the overall charge per small package? __________ What is the total tax charged to the customer per large package?  __________  What is the overall charge per large package? __________ How much sales tax liability does Stork Enterprises have for the month of May? __________

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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? __________
  • What is the overall charge per small package? __________
  • What is the total tax charged to the customer per large package?  __________ 
  • 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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