1 Use Table A to complete Table B TABLE A On Taxable In Up to $27,050 From $27,051 to $65,550 From $65,551 to $136,750 From $136,751 to $297,350 Over $297,350 come The T ax Rate ls 15.0% 27.5% 30.5% 35.5% 39.1% TABLE B Tax Amount Average Tax Rate John Todd Glen Jake Income $52,700 $132,500 $237,000 $315,250

An outside supplier has offered to sell talbot similar wheels for $1.25 per wheel. if the wheels are purchased from the outside supplier, $15,000 of annual fixed overhead could be avoided and the facilities now being used could be rented to another company for $45,000 per year. direct labor is a variable cost. if talbot chooses to buy the wheel from the outside supplier, then annual net operating income would: