Docie Corporation owns manufacturing facilities in State A, State B and State C....
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Docie Corporation owns manufacturing facilities in State A, State B and State C. State A uses a three-factor apportionment formula under which the Sales, Property and Payroll factors are equally weighted. State B employs a single-factor apportionment factor based solely on Sales only. State C uses a three-factor apportionment formula under which Sales are double-weighted. Docie Corporation's operations generated $3,000,000 of Apportionable Income and its Sales and Property activity and average Payroll owned in each of the three (3) States is as follows. Docie Corporation's Apportionable Income assigned to State C is: $1,102,500$3,000,000$$1,050,0000
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Docie Corporation owns manufacturing facilities in State A, State B and State C. State A uses a three-factor apportionment formula under which the Sales, Property and Payroll factors are equally weighted. State B employs a single-factor apportionment factor based solely on Sales only. State C uses a three-factor apportionment formula under which Sales are double-weighted. Docie Corporation's operations generated $3,000,000 of Apportionable Income and its Sales and Property activity and average Payroll owned in each of the three (3) States is as follows. Docie Corporation's Apportionable Income assigned to State C is: $1,102,500$3,000,000$$1,050,0000 