Week13--Acct11T Group Work

Prince Packaging, in Ontario, Lease automobiles for their senior management team. Diana Wilson joined the company July1 of the current year and was assigned a car for her exclusive use for the balance of the year (184 days). At the end of year, Diana submitted her automobile usage as follows:

Business Kilometres driven 35,000

Personal Kilometres driven +9,000

Total kilometres driven 44,000

Prince Packaging paid monthly auto lease of $350, plus $45.50 HST for Diana's car. Please calculate related auto benefits for Diana (please show me the break-down steps of calculation).

Prince Packaging, in Ontario, Lease automobiles for their senior management team. Diana Wilson joined the company July1 of the current year and was assigned a car for her exclusive use for the balance of the year (184 days). At the end of year, Diana submitted her automobile usage as follows: Business Kilometres driven 35,000 Personal Kilometres driven +9,000 Total kilometres driven 44,000 Prince Packaging paid monthly auto lease of $350, plus $45.50 HST for Diana's car. Please calculate related auto benefits for Diana (please show me the break-down steps of calculation)