- 27 -
(Continued)
Table 7
Date Full-Service Self-Service
2/9/90 123.30 110.65
2/23/90 123.30 110.90
3/9/90 123.30 111.65
3/23/90 123.90 110.15
4/6/90 123.90 110.65
4/20/90 123.90 111.65
5/4/90 123.90 112.40
5/18/90 123.90 112.40
6/8/90 123.90 112.65
6/22/90 123.90 112.65
Respondent averaged the Lundberg self-service semimonthly
amounts to determine an average sale price for each month.10 In
order to facilitate comparison with petitioner’s cost
information, which was net of Federal and California excise taxes
and California and county sales taxes, respondent’s agent
subtracted 29 cents per gallon, and arrived at the monthly net
sale prices shown in table 8.
Table 8
Adjusted
Month Lundberg Price Per Gallon
July 1989 $0.83
August 1989 0.78
September 1989 0.78
October 1989 0.79
November 1989 0.83
December 1989 0.83
January 1990 0.83
February 1990 0.82
March 1990 0.82
April 1990 0.82
May 1990 0.83
June 1990 0.84
10Both respondent’s counsel and respondent’s agent who
testified as to how respondent calculated the amount of the
omitted income referred to the Lundberg amounts as “biweekly”.
It is evident from Lundberg’s report, supra table 7, and the
agent’s description that the Lundberg amounts were “semimonthly”.
Page: Previous 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 NextLast modified: May 25, 2011