Question
Wacky Wendy produces gourmet cheese in Wisconsin. Wendy has sales as follows: Wendys Sales: State Sales Iowa $ 350,530 Michigan $ 134,643 Minnesota $ 849,190
Wacky Wendy produces gourmet cheese in Wisconsin. Wendy has sales as follows:
| Wendy’s Sales: | ||
| State | Sales | |
| Iowa | $ | 350,530 |
| Michigan | $ | 134,643 |
| Minnesota | $ | 849,190 |
| Wisconsin | $ | 1,323,140 |
| Totals | $ | 2,657,503 |
| | ||
Wendy is a Wisconsin Corporation and has the following operations:
Wendy has income tax nexus in Iowa, Minnesota, and Wisconsin. The Michigan sales are shipped from Wisconsin (a throwback state). $100,600 of the Wisconsin sales were to the federal government. What is Wendy's Wisconsin sale numerator?
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
22nd Edition
324401841, 978-0-324-6250, 0-324-62509-X, 978-0324401844
