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What is 54.99 with tax?
For each 1% of sales tax the amount would be 54.99 X .01 would be .55 cents added to the 54.99 amount. 54.99 + .55 the amount would be 55.54
Accelerate Ltd has fixed costs of 72000 per annual It makes one product which it sells for 32 per unit Its contribution to sales ratio is 45 percent?
Break Even Point = ?Variable Cost = ?Sales price/ Unit = 32Annual Fixed Cost = 72000Contribution to sales Ratio = 45%Contribution margin = 32 * 45% or 0.45Contribution margin = 14.4Contribution = Sales - Variable Cost45% Of Sales = 100% - ?SOVariable Cost = 100% of sales - 45% of salesVariable Cost = 55% of Sales priceVariable Cost = 32 * 55% or 0.55Variable Cost = 17.6Break even point = Fixed Cost/Contribution margin ratioBreakeven Point = 72000 / 0.45 = $160000 or 160000/32 = 5000 UnitsWorking Notes:Confirmation:Sales (5000 * 32) 160000Less: Variable Cost @ 55% 88000Contribution margin 72000Less: Fixed Cost 72000Net Income(loss) NIL
Do you pay fica tax on pension?
Do I have to pay FICA and medicare tax on my pension if I retire early at age 55 and not working?No. A pension, like IRA and 401k distributions, is not considered earned income. You do pay income tax, but not FICA (Social Security and Medicare), on those sources.
If your 55 years old are you exempt from paying taxes on pension?
No. You can be over 100 years of age and could still meet the requirements of having to file an income tax return. Age does not have anything to do with the requirement to have to file an income tax return.
What is the state income tax rate in Colorado?
The statutory state income tax rate for resident individuals, estates and trusts is 4.63 percent of Colorado taxable income. To find the Colorado taxable income, use the following computation: Federal Taxable Income PLUS (+) Any state income tax included in federal itemized deductions PLUS(+) Non-Colorado state & municipal bond interest PLUS (+) Lump sum distributions from pension or profit-sharing plan not included in federal taxable income MINUS (-) State income tax refunds included in federal taxable income MINUS (-) Interest on obligations of the United States MINUS (-) Previously taxed PERA or School District #1 benefits from 1984 - 1986 MINUS (-) Pension exclusion of up to $20,000 if age 55-64, $24,000 if age 65 or older MINUS (-) Colorado Source Capital Gain EQUALS(=) Colorado Taxable Income Allowable credits include taxes paid to other states; and a child care credit for full-year and part-year residents. For further information on income tax credits, visit the Income Tax Index at www.taxcolorado.com The first $20,000 of pension or annuity income is exempt from tax for retired individuals aged 55 to 64, and for individuals receiving the pension as the result of the death of the individual who earned the pension. The first $24,000 of pension or annuity is exempt from tax for retired individuals aged 65 and over. For further information, see FYI Income 25 "Pension/Annuity Subtraction." The Colorado corporation income tax applies to net income derived from Colorado sources. The tax rate is 4.63 percent.
What is 55 with 20 percent off and 6 percent on sales tax?
46.64
What is the toal cost of an item when the item is 55 and discount is 20 percent and sales tax 5percent?
46.20
What is the total cost of an item when the item is 55 and discount is 20 percent and sales tax 5percent?
55 - 20% + 5% = 55 * 0.80 * 1.05 = 46.20
Mira bought a pair of jeans that cost 55 the sales tax rate is 10 percent what is the total amount she paid for the jeans?
$60.50
How much money does the US government collect in sales tax?
55
What is 54.99 tax?
For each 1% of sales tax the amount would be 54.99 X .01 would be .55 cents added to the 54.99 amount. 54.99 + .55 the amount would be 55.54
What is 54.99 with tax?
For each 1% of sales tax the amount would be 54.99 X .01 would be .55 cents added to the 54.99 amount. 54.99 + .55 the amount would be 55.54
Does Barack Obama want to raise the death tax?
yes he wants to tax your life savings up to 55 percent when you die
If shoes cost 55 per pair what is the total cost of 11 pairs?
with no sales tax, it is 11x55=$605
How do you add taxes on a price?
multiply the before-tax price by 1+the tax/100 (assuming the tax is in percent)if the price is 50, and the tax on the sale is 10%after tax price: 50 x 1.1 = 55
What is the answer for 10 percent of 55?
Ten percent of 55 is 5.5.
What is 55 percent in a fraction?
55 percent = 0.55 or 55/100 or 11/20
