Jack was provided with a company-leased automobile that was available to him for 365 days. The monthly lease cost was $352.00, which includes all applicable sales taxes. Jack drove a total of 34,000 kilometres on the vehicle, which included 26,800 personal kilometres.

Calculate the standby charges for Jack?

Answer rating: 100% (QA)

The standby charge for a companyleased automobile is an amount that is included in an employees inco... View the full answer