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Krispy Corp. has the following sales, payroll, and property factors: Texas...

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Accounting

Krispy Corp. has the following sales, payroll, and property factors:
Texas
North Carolina
Sales
40%
20%
Payroll
70%
5%
Property
90%
5%
What are Krispy's Texas and North Carolina apportionment factors if Texas used a double weighted sales four-factor method and North Carolina used a single-factor sales formula?
60 percent and 20 percent respectively.
20 percent and 60 percent respectively.
40 percent and 20 percent respectively.
20 percent and 40 percent respectively.
None of the above.

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