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Reagan Gas provides gas utilities to a wide area of eastern Illinois. During the month of May, it billed 2 2 , 7 0 0
Reagan Gas provides gas utilities to a wide area of eastern Illinois. During the month of May, it billed of its residential customers located in the town of Moline a total of $ for electricity this is considered revenue In addition, Reagan is required to collect the following taxes:
State Excise Tax: A tax of $ per customer plus of billing used to fund the Kentucky Energy Commission
Federal Excise Tax: A tax of $ per customer plus of billing used to fund the Federal Energy Commission
Required:
When required, round your answers to two decimal places.
Determine how much Reagan will bill these customers in total for the month of May.
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