Answer:
Travis has <u>$500</u> in deductible direct expenses and <u>$810</u> in deductible indirect expenses.
Explanation:
Deductible direct expenses include all the home office expenses and reparations that directly affect the part of the house used as home office = $500 (painted his office and replaced the door).
Deductible indirect expenses include the prorated costs that include the whole house. Since the office occupies 240/2,400 = 10% of the house, then 10% of the indirect costs can be deducted:
- utilities $3,000 x 10% = $300
- property taxes $1,500 x 10% = $150
- mortgage interest $3,600 x 10% = $360
- total = $810
Jake is incorrect with his assertion that the BYOB should charge 2.25 per can.
<h3>
What is Profit maximization and Loss minimization?</h3>
The process of Profit maximization ensures that favorable output and price are achieved to maximize its return while the process of Loss minimization ensures there is lower loss on return in the longer-run.
Price QD T*R(P*Q) Total cost(ATC*Q) Profit(TR-TC)
2 1000 2000 2750 -750
2.25 750 1687.5 2625 -937.5
Given that loss realized is lower in $2 per unit than $2.25 per unit, then, Jake is not correct with his assertion that the BYOB should charge 2.25 per can.
Note: The point has been placed on the graph to indicate the profit-maximizing price and quantity for BYOB.
Read more about Profit maximization
<em>brainly.com/question/4171648</em>
#SPJ1
Answer:
(a) $56,730
(b) $36,330
(c) $ 51,800
(d) $24,800
(e) $36,230
Explanation:
(a) Gross profit for the Dalmatian Division:
= Net sales - Total Cost of goods sold
= $87,000 - $30,270
= $56,730
(b) Income from operations from the Dalmatian Division:
= Gross Profit - Direct operating expenses
= $56,730 - $20,400
= $36,330
(c) Gross profit for the Beagle Division:
= Net sales - Total Cost of goods sold
= $99,000 - $47,200
= $ 51,800
(d) Income from operations from the Beagle Division:
= Gross Profit - Direct operating expenses
= $51,800 - $27,000
= $24,800
(e) Total income from operations;
= $36,330 + $24,800
= $61,130
Earnings before interest and taxes:
= Total income from operations - General overhead
= $61,130 - $18,160
= $42,970
Earnings before taxes:
= Earnings before interest and taxes - Interest expense
= $42,970 - $2,040
= $40,930
Net income = Earnings before taxes - Income taxes
= $40,930 - $4,700
= $36,230
The answer for Blank 1: C. total value of the money supply
The answer for Blank 2: D. number of citizens.
GDP per capita describes the average economic output that a single citizens had produce in a certain year.
In order to calculate this, we need to find out the total value of the money supply by adding total Consumption, investments, Government spending, and net export. After this, we divide the total value of the money supply with the number of populations in a country to find the average economic output.
I don’t know help me with my homework