Find the gst-hst and pst

Assignment Help Managerial Accounting
Reference no: EM133216409

Find the GST/HST and PST Included in the following invoices:

1. An invoice of $ 157.50 includes only 5% GST (Alberta)

2. An invoice of $ 904 includes 13% HST (Newfoundland and Labrador)

3. An invoice of $246.40 includes 5% GST and 7% PST (Manitoba). Both GST and PST are based on pre-tax value.

4. An invoice of $ 824.90 includes 5% GST and 5% PST. Both GST and PST are based on the pre-tax value.

Reference no: EM133216409

Questions Cloud

How financial and managerial accounting interface : Discuss how financial and managerial accounting interface. Is one more important than another? Discuss the rationale for your answer.
Evaluate the alternatives of tracking overtime : Based on the decision making process evaluate the alternatives of tracking overtime and having an outdated payroll system that can not accommodate a fast growin
What is better in business setting : What is cash management? Receivable Management? Inventory Management? Short Term Financing?
Short-term and long-term funding sources : Estimate the cost of capital for both short-term and long-term funding sources. Research current estimated APRs for your selected sources of funding.
Find the gst-hst and pst : Find the GST/HST and PST Included in the following invoices:
Calculate regular salary and overtime : a) Mark works at a rock concert selling programs. He is paid $20 for showing up, plus 45 cents for each program that he sells. He sells 200 programs.
Draw up the income statements : a. Highlight the usefulness of marginal and absorption costing clearly indicating the circumstances in which each of the costing methods can be used in a manufa
Disadvantages of outsourcing the internal audit function : What are the advantages and disadvantages of outsourcing the internal audit function.
Discuss the characteristics of good information : a) Briefly discuss the similarities and differences between the terms 'overhead absorption rate' and 'cost driver rate'.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What is the total fixed overhead variance of the company

When determining the total product cost flexible budget variance, what is the total fixed overhead variance of the company?Direct materials cost variance $8,000

  Prepare journal entries to record the low of costs

Kim's Asphalt does driveway and parking lot resurfacing work for large commercial clients as well as small residential clients.

  Calculate the equilibrium level of cournot competition

Calculate the equilibrium level of Cournot competition in the market! Find the Jarum (J) company's reaction function to Benang (B) and vice versa

  How much ali will have at the end of year

Ali wanted to save RM2,500 beginning of each month for 12 years with an interest rate of 10 percent. How much Ali will have at the end of 12th year

  How opportunity cost is best defined as

How Opportunity cost is best defined as?The amount of money that is paid for something./The highest valued benefit given up in making a choice

  Prepare a cash budget for each of the months of july

Prepare a cash budget for each of the months of July, August, and September. (Round amounts to the dollar.)

  Prepare an analysis showing whether mesa verde should sell

Prepare an analysis showing whether Mesa Verde should sell unpainted or fi nished tables - Verde is considering staining and sealing the table to sell it

  Make an estimate financial benefits associated with adoption

Make an estimate the financial benefits associated with the adoption of JIT. Specifically, what is the estimated change in annual operating income attributable

  What total operating costs would expect the company

Assume that the occupancy rate increases to 50% during March. What total operating costs would you expect the company to incur during March?

  Are these two divisions equally unprofitable

The following partial income statements are for the Southeast and Northwest Divisions of US Games. Are these two divisions equally unprofitable

  Prepare a direct materials budget for gilden

Prepare a sales budget, by month and in total, for the third quarter. (Show your budget in both units and dollars.) Also prepare a schedule of expected cash collections, by month and in total, for the third quarter.

  What is the consolidated cost of goods sold

In 20x8, BG reported cost of goods sold of P380,000 while HH reported P210.000. What is the consolidated cost of goods sold in 20x8

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd