Coghlan Auto Supply does not segregate sales and sales taxes at the time of sale. The cash register total for March 16 is $16,380. All sales are subject to a 5% sales tax. Compute sales taxes payable. Sales taxes payable $enter sales taxes payable in dollars

$780

Explanation:

The computation of the sales tax payable is shown below:

Sales tax payable = Total sales ÷ (100 + sales tax rate) × sales tax rate

where,

Total sales is $16,380

And, the sales tax rate is 5%

Now placing these values to the above formula

So, the sales tax payable is

= $16,380 ÷ (100 + 5%) × 5%

= $780

We simply applied the above formula so that the sales tax payable could come

780

Explanation:

Price without sales tax x (100%+ sales tax rate) = total with sales tax

price without sales tax x 1.05 (100%+5%) =16380

price without sales tax =16380/1.05

price without sales tax = 15600

total with sales tax-sales without sales tax = sales tax payable

16380 - 15600 = 780

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

false is correct i hope.

i might be