Question
This year, Bob's employer provided him with an employer-owned automobile costing $34,500 (including HST) for 12 months. His kilometres for personal use were 15,000 out
This year, Bob's employer provided him with an employer-owned automobile costing $34,500 (including HST) for 12 months. His kilometres for personal use were 15,000 out of a total of 20,000 kilometres. Operating costs paid by his employer during this year were $3,600 (including HST). Compute Bob's minimum standby charge for the year.
Bob's minimum standby charge is
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Introduction to Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
7th edition
978-1259675539, 125967553X, 978-1259594168, 1259594165, 78025796, 978-0078025792
