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1. Stork Enterprises delivers care packages for special occasions. They charge $40 for a small package, and $75 for a large package. The sales tax
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Stork Enterprises delivers care packages for special occasions. They charge $40 for a small package, and $75 for a large package. The sales tax rate is 6%. During the month of May, Stork delivers 32 small packages and 13 large packages. A. What is the total tax charged to the customer per small package? What is the overall charge per small package? If required, round your answers to two decimal places. Totaltaxcharged$Overallcharge$persmallpackagepersmallpackage B. What is the total tax charged to the customer per large package? What is the overall charge per large package? If required, round your answers to two decimal places. Totaltaxcharged$Overallcharge$perlargepackageperlargepackage C. How much sales tax liability does Stork Enterprises have for the month of May? If required, round your answers to two decimal places. $ D. What account is used to recognize this tax situation for the month of May? E. When Stork remits payment to the sales tax governing body, what happens to the sales tax liability? would Step by Step Solution
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