Court Opinion

ID: 4485835
Source: CourtListenerOpinion
Date Created: 2020-01-16 21:34:02.048924+00
Date Added: 2024-06-11T15:04:25.012738
License: Public Domain

JOHNSON, J., dissenting: The computation of petitioner’s profit in the majority’s report in my opinion is over-simplified. The findings of fact provide the necessary detail and break-downs of salaries and other expenses for a precise elimination of the amounts attributable to sales activity, and the 18.8 per cent representing the part of Independent’s sale proceeds not derived from petitioner should be applied against salaries paid to those officers and executives who rendered services to Independent, not to the total salaries paid. In arriving at the proper fraction for an allocation of salaries and expenses between renegotiable and civilian business, I also believe that the addition of the value of free-issue material to amounts paid by the War Department is necessary properly to reflect the comparative volume of work. • The amount held refundable on the majority’s profit computation I deem to be excessive.