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Compute Quinn payroll factors

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Reference no: EM132657528

Problem - Quinn Corporation is subject to tax in States G, H, and I. Quinn's compensation expense includes the following.

 

State G

State H

State I

Total

Salaries and wages for nonofficers

$200,000

$400,000

$400,000

$1,000,000

Officers' salaries

-0-

-0-

500,000

500,000

Total

 

 

 

$1,500,000

Required - Officers' salaries are included in the payroll factor for G and I, but not for H. Compute Quinn's payroll factors for G, H, and I. Comment on your results.

Reference no: EM132657528

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