This is part one of a two-part question. You will use the information below for this question and the next one. (This question is worth 8 points) Use the following information to determine total taxable sales. The following items were sold: Taxable widgets of $105,000 Non-taxable widgets of $30,000 Shipping charges of $5,000 Handling charges of $8,000 Installation/labor charges of $43,000 Sales to purchasers in Texas $18,000 Sales to purchasers with valid resale certificates $22,000 Additional Information: Shipping charges are separately stated at cost on the invoices. Handling charges are subject to sales tax. You have looked at the industry guides and determined that installation and labor charges are non-taxable Calculate the total taxable sales to be reported on the sales tax return. This is Part 2 of a 2-part question, based on information in the previous question. (This question is worth 8 points). The previous question required you to determine total taxable sales. This question requires you to look up the sales tax rate for these sal assuming they were all sold in San Francisco and determine the total sales tax collected. The information used to calculate taxable sales is shown below for reference: The following items were sold: Taxable widgets of $105,000 Non-taxable widgets of $30,000 Shipping charges of $5,000 Handling charges of $8,000 Installation/labor charges of $43,000 Sales to purchasers in Texas $18,000 Sales to purchasers with valid resale certificates $22,000 Additional Information: Shipping charges are separately stated at cost on the invoices. Handling charges are subject to sales tax. You have looked at the industry guides and determined that installation and labor charges are non-taxable 1) What is the current sales tax rate in the city of San Francisco? 2) Calculate the total sales tax collected in San Francisco. (enter your answer in the format xxxx without decimals, without dollar sign and without a comma) This is part one of a two-part question. You will use the information below for this question and the next one. (This question is worth 8 points) Use the following information to determine total taxable sales. The following items were sold: Taxable widgets of $105,000 Non-taxable widgets of $30,000 Shipping charges of $5,000 Handling charges of $8,000 Installation/labor charges of $43,000 Sales to purchasers in Texas $18,000 Sales to purchasers with valid resale certificates $22,000 Additional Information: Shipping charges are separately stated at cost on the invoices. Handling charges are subject to sales tax. You have looked at the industry guides and determined that installation and labor charges are non-taxable Calculate the total taxable sales to be reported on the sales tax return. This is Part 2 of a 2-part question, based on information in the previous question. (This question is worth 8 points). The previous question required you to determine total taxable sales. This question requires you to look up the sales tax rate for these sal assuming they were all sold in San Francisco and determine the total sales tax collected. The information used to calculate taxable sales is shown below for reference: The following items were sold: Taxable widgets of $105,000 Non-taxable widgets of $30,000 Shipping charges of $5,000 Handling charges of $8,000 Installation/labor charges of $43,000 Sales to purchasers in Texas $18,000 Sales to purchasers with valid resale certificates $22,000 Additional Information: Shipping charges are separately stated at cost on the invoices. Handling charges are subject to sales tax. You have looked at the industry guides and determined that installation and labor charges are non-taxable 1) What is the current sales tax rate in the city of San Francisco? 2) Calculate the total sales tax collected in San Francisco. (enter your answer in the format xxxx without decimals, without dollar sign and without a comma)
