Chapter 18.I, Problem 16RE

BuyFind*arrow_forward*

8th Edition

Robert Brechner + 1 other

ISBN: 9781305585447

Textbook Problem

Last month The Sweet Tooth Candy Shops had total sales, including sales tax. of $57,889. The stores are located in a state that has a sales tax of

%. As the accountant for The Sweet Tooth, calculate:

a. The amount of sales revenue for the shops last month.

b. The amount of sales taxes that must be sent to the state Department of Revenue.

**(a)**

To determine

**To calculate:** The sales revenue for shops when the total sales for shops is $57,889.

Explanation

**Given Information:**

The total sales for shops is $57,889 and the state sales taxes amount is

**Formula used:**

The selling price is:

**Calculation:**

Consider the total sales for shops is $57,889 and the state sales taxes amount is

The selling price is:

**(b)**

To determine

**To calculate:** The amount of sales tax for shops when the total sales for shops is $57,889.

Sect-18.I P-1TIESect-18.I P-2TIESect-18.I P-3TIESect-18.I P-4TIESect-18.I P-1RESect-18.I P-2RESect-18.I P-3RESect-18.I P-4RESect-18.I P-5RESect-18.I P-6RE

Sect-18.I P-7RESect-18.I P-8RESect-18.I P-9RESect-18.I P-10RESect-18.I P-11RESect-18.I P-12RESect-18.I P-13RESect-18.I P-14RESect-18.I P-15RESect-18.I P-16RESect-18.I P-17RESect-18.I P-18RESect-18.I P-19RESect-18.II P-5TIESect-18.II P-6TIESect-18.II P-7TIESect-18.II P-8TIESect-18.II P-9TIESect-18.II P-1RESect-18.II P-2RESect-18.II P-3RESect-18.II P-4RESect-18.II P-5RESect-18.II P-6RESect-18.II P-7RESect-18.II P-8RESect-18.II P-9RESect-18.II P-10RESect-18.II P-11RESect-18.II P-12RESect-18.II P-13RESect-18.II P-14RESect-18.II P-15RESect-18.II P-16RESect-18.II P-17RESect-18.II P-18RESect-18.II P-19RESect-18.II P-20RESect-18.III P-10TIESect-18.III P-11TIESect-18.III P-12TIESect-18.III P-13TIESect-18.III P-14TIESect-18.III P-1RESect-18.III P-2RESect-18.III P-3RESect-18.III P-4RESect-18.III P-5RESect-18.III P-6RESect-18.III P-7RESect-18.III P-8RESect-18.III P-9RESect-18.III P-10RESect-18.III P-11RESect-18.III P-12RESect-18.III P-13RESect-18.III P-14RESect-18.III P-15RESect-18.III P-16RESect-18.III P-17RESect-18.III P-18RESect-18.III P-19RESect-18.III P-20RESect-18.III P-21RESect-18.III P-22RESect-18.III P-23RESect-18.III P-24RESect-18.III P-25RESect-18.III P-26RESect-18.III P-27RESect-18.III P-28RESect-18.III P-29RESect-18.III P-30RECh-18 P-1CRCh-18 P-2CRCh-18 P-3CRCh-18 P-4CRCh-18 P-5CRCh-18 P-6CRCh-18 P-7CRCh-18 P-8CRCh-18 P-9CRCh-18 P-10CRCh-18 P-11CRCh-18 P-12CRCh-18 P-13CRCh-18 P-14CRCh-18 P-1ATCh-18 P-2ATCh-18 P-3ATCh-18 P-4ATCh-18 P-5ATCh-18 P-6ATCh-18 P-7ATCh-18 P-8ATCh-18 P-9ATCh-18 P-10ATCh-18 P-11ATCh-18 P-12ATCh-18 P-13ATCh-18 P-14ATCh-18 P-15ATCh-18 P-16ATCh-18 P-17ATCh-18 P-18ATCh-18 P-19ATCh-18 P-20ATCh-18 P-21ATCh-18 P-22ATCh-18 P-23ATCh-18 P-24ATCh-18 P-25ATCh-18 P-26ATCh-18 P-27ATCh-18 P-28ATCh-18 P-29ATCh-18 P-30AT

Single Variable Calculus: Early Transcendentals, Volume I

Calculus: An Applied Approach (MindTap Course List)

Statistics for The Behavioral Sciences (MindTap Course List)

Elementary Geometry For College Students, 7e

Essentials of Statistics for The Behavioral Sciences (MindTap Course List)

Calculus: Early Transcendental Functions

Intermediate Algebra

Probability and Statistics for Engineering and the Sciences

Finite Mathematics and Applied Calculus (MindTap Course List)

Understanding Basic Statistics

Calculus (MindTap Course List)

Mathematical Applications for the Management, Life, and Social Sciences

Finite Mathematics

Applied Calculus

Elementary Technical Mathematics

Essentials Of Statistics

Multivariable Calculus

Mathematical Excursions (MindTap Course List)

Calculus: Early Transcendentals

Applied Calculus for the Managerial, Life, and Social Sciences: A Brief Approach

Single Variable Calculus

Precalculus: Mathematics for Calculus (Standalone Book)

Calculus of a Single Variable

Single Variable Calculus: Early Transcendentals

Calculus: Early Transcendental Functions (MindTap Course List)

Elements Of Modern Algebra

Trigonometry (MindTap Course List)

Study Guide for Stewart's Multivariable Calculus, 8th

Finite Mathematics for the Managerial, Life, and Social Sciences

Elementary Geometry for College Students

Study Guide for Stewart's Single Variable Calculus: Early Transcendentals, 8th

College Algebra (MindTap Course List)

Mathematics For Machine Technology

Statistics for Business & Economics, Revised (MindTap Course List)

STATISTICS F/BUSINESS+ECONOMICS-TEXT

Mathematics: A Practical Odyssey

Calculus (MindTap Course List)

Introduction To Statistics And Data Analysis

Research Methods for the Behavioral Sciences (MindTap Course List)

Multivariable Calculus

Research Methods for the Behavioral Sciences (MindTap Course List)