Helene Corporation owns manufacturing facilities in States A, B, and C. State A uses a three-factor apportionment formula under which the sales, property, and payroll factors are equally weighted. State B uses a three-factor apportionment formula under which sales are double-weighted. State C employs a single-factor apportionment factor based solely on sales. Helene's operations generated $1,000,000 of apportionable income, and its sales and payroll activity and average property owned in each of the three states is as follows: $$\begin{array} { l r r r r }
& \text { State A } & \text { State B } & \text { State C } & \text { Totals } \
\text { Sales } & \$ 400,000 & \$ 800,000 & \$ 300,000 & \$ 1,500,000 \
\text { Payroll } & 100,000 & 150,000 & 50,000 & 300,000 \
\text { Property } & 200,000 & 200,000 & 200,000 & 600,000
\end{array}$$ Helene's apportionable income assigned to State A is:

Question

Helene Corporation owns manufacturing facilities in States A, B, and C. State A uses a three-factor apportionment formula under which the sales, property, and payroll factors are equally weighted. State B uses a three-factor apportionment formula under which sales are double-weighted. State C employs a single-factor apportionment factor based solely on sales. Helene's operations generated $1,000,000 of apportionable income, and its sales and payroll activity and average property owned in each of the three states is as follows: $$\begin{array} { l r r r r } 
& \text { State A } & \text { State B } & \text { State C } & \text { Totals } \
\text { Sales } & \$ 400,000 & \$ 800,000 & \$ 300,000 & \$ 1,500,000 \
\text { Payroll } & 100,000 & 150,000 & 50,000 & 300,000 \
\text { Property } & 200,000 & 200,000 & 200,000 & 600,000
\end{array}$$ Helene's apportionable income assigned to State A is:

Quizplus · Accepted Answer

The Answer of Helene Corporation owns manufacturing facilities in States A, B, and C. State A uses a three-factor apportionment formula under which the sales, property, and payroll factors are equally weighted. State B uses a three-factor apportionment formula under which sales are double-weighted. State C employs a single-factor apportionment factor based solely on sales. Helene's operations generated $1,000,000 of apportionable income, and its sales and payroll activity and average property owned in each of the three states is as follows: $$\begin{array} { l r r r r } 
& \text { State A } & \text { State B } & \text { State C } & \text { Totals } \
\text { Sales } & \$ 400,000 & \$ 800,000 & \$ 300,000 & \$ 1,500,000 \
\text { Payroll } & 100,000 & 150,000 & 50,000 & 300,000 \
\text { Property } & 200,000 & 200,000 & 200,000 & 600,000
\end{array}$$ Helene's apportionable income assigned to State A is:

Helene Corporation Owns Manufacturing Facilities in States A, B, and C