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How much of Beckett taxable income is apportioned to State B

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Reference no: EM132664177

Problem - Beckett Corporation realized $800,000 of taxable income from the sales of its products in States A and B. Beckett's activities establish nexus for income tax purposes in both states. Beckett's sales, payroll, and property in the states include the following.

 

State A

State B

Total

Sales

$960,000

$640,000

$1,600,000

Property

180,000

-0-

180,000

Payroll

220,000

-0-

220,000

State B uses a double-weighted sales factor in its three-factor apportionment formula. How much of Beckett's taxable income is apportioned to State B?

Reference no: EM132664177

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