R&R construction Limited supplies for April 2024 was: • Construction Services $500,000 (exempt VAT activity) • Electrical Services $2,000,000 • Surveying Services $300,000 • Export Services $700,000 The VAT Rate is 15% Input Tax were as follows: Material for Construction Work - $15,000 Materials for electrical services - $52,500 Material for surveying services - $22,500 Purchase of staff uniform $4,950 The Net VAT Payable Tin a. 325,050 b. 270,000 c. 430,050 d. 250,050

R&R construction Limited supplies for April 2024 was: • Construction Services $500,000 (exempt VAT activity) • Electrical Services $2,000,000 • Surveying Services $300,000 • Export Services $700,000 The VAT Rate is 15% Input Tax were as follows: Material for Construction Work - $15,000 Materials for electrical services - $52,500 Material for surveying services - $22,500 Purchase of staff uniform $4,950 The Net VAT Payable Tin a. 325,050 b. 270,000 c. 430,050 d. 250,050

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter7: Allocating Costs Of Support Departments And Joint Products

Section: Chapter Questions

Problem 30E: A company uses charging rates to allocate service department costs to the using departments. The...

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