A: According to the Announcement of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Issuing the Provisions on the Collection and Management of Waste Electrical and Electronic Products Disposal Fund (People's Republic of China (PRC) State Taxation Administration of The People's Republic of China Announcement No.412), the fund payment obligor shall calculate the fund payable according to the quota method when selling or being entrusted to process and produce related electrical and electronic products. The calculation formula of funds payable is:?

Funds payable = sales quantity (entrusted processing quantity) × collection standard