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swat32
3 years ago
15

On March 1, Roxanne acquires a house for $160,000. She pays $20,000 down and borrows the remaining $140,000 by obtaining a 15-ye

ar mortgage. Roxanne pays $3,500 in closing costs and $2,500 in points in purchasing the house. During the year, she pays $10,300 of interest on her mortgage. a. Roxanne's allowable interest deduction for the year is $. b. How would your answer to the above question change if Roxanne already owned her home and the points paid on March 1 were for a 15-year mortgage to refinance her existing mortgage. Her total allowable home mortgage interest deduction is $ .
Business
1 answer:
natali 33 [55]3 years ago
4 0

Answer:

a)$12,800.00

B)$10,439

Explanation:

Please see attachment

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Send information about the benefits of using an employer math for retirement

Explanation:

I got it right.

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2 years ago
Determine whether each of the following cost should be classified as direct materials (DM), direct labor (DL), or manufacturing
Nana76 [90]

Answer:

(a) DM

(b) DL

(c) MO

(d) MO

Explanation:

(a)  Frames and tires used in manufacturing bicycles.

This is cost directly related to the materials used in manufacturing a product and, thus, should be classified as a direct material cost (DM).

(b) Wages paid to production workers.

This cost is directly related to pay for the labor required to manufacture a product and, thus, should be classified as a direct labor cost (DL).

(c) Insurance on Factory equipment and machinery.

Although this is a cost incurred from manufacturing, it can't be directly linked to either materials or labor since it is an structural cost and, therefore, should be classified as a manufacturing overhead cost (MO).

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For the same reason as the previous item, this should be classified as a manufacturing overhead cost (MO).

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3 years ago
1. define the forming stage and list four activities that happen in this stage
viva [34]

Answer:

  1. The forming stage involves a period of orientation and getting acquainted. Uncertainty is high during this stage, and people are looking for leadership and authority. A member who asserts authority or is knowledgeable may be looked to take control.
  2. It can be a petty clash of personality or an incompatibility in communication styles. Or it could be something more serious, such as a disagreement about the team's goals. It could even exhibit itself as one team member accusing another of not pulling their weight in the project.
  3. Tuckman (1965) identified four stages of team development including Forming, Storming, Norming, and Performing. This widely referenced early work continues to provide a useful model for understanding the dynamic nature of the evolution of teams.
  4. Stage 1: Forming. Feelings. ...
  5. Stage 2: Storming. Feelings. ...
  6. Stage 3: Norming. Feelings. ...
  7. Stage 4: Performing. Feelings. ...
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4 0
3 years ago
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Musya8 [376]

Answer:

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Explanation:

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Quantity supplied = 1,000

Shortage = Quantity demanded - Quantity supplied

= 2,000 -1,000

= 1,000 gallons per week

Therefore, As per question Quantity demand that is 2,000 and quantity supplied that is 1,000. So, in this given case the Quantity demand is more than the quantity supplied.

Hence, there is shortage of 1,000 gallons per week.

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harkovskaia [24]

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