Which item(s) are tax deductible for consumers who are buying or renting a home?

Business

2 answers:

castortr0y [4]3 years ago

6 0

A deductible expense is one you can subtract from your taxable gross income.

For consumers who are buying or renting a home deductible tax is the interest and property tax portions of your mortgage payment, medical bills, etc. After you purchase a home, you are allowed to deduct all of your interest payments on any mortgage up to $750 million.

Mumz [18]3 years ago

5 0

You can deduct the interest and property tax portions of your mortgage payment, medical bills, etc.

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Answer:

The use of data aggregation leads to overstatement of the concentration and Herfindahl indices

while the use of National/state data leads to understatement of the degree of concentration in local markets.

Explanation:

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Contribution margin per unit. Number of units that Ender must sell to break even. Sales level in units that Ender must reach to

antoniya [11.8K]

Answer:

a. $120

b. 5,000 units

c. 7,000 units

Explanation:

Hi, your question is incomplete, I found the full question online and uploaded text and image below.

Workings and explanations :

Contribution margin per unit = Sales - Variable Cots

= $200 - $80

= $120

Break even (units) = Fixed Costs ÷ Contribution margin per unit

= $600,000 ÷ $120

= 5,000 units

Unit Sales to achieve a target profit = (Targeted Profit + Fixed Costs) ÷ Contribution margin per unit

= ($240,000 + $600,000) ÷ $120

= 7,000 units

Margin of Safety = Expected sales - Break even Sales

Note : There is no much details about the current sales level

FULL DETAILS OF THE QUESTION IS AS FOLLOWS :

Information concerning a product produced by Ender Company appears here: Sales price per unit $ 200 Variable cost per unit $ 80 Total annual fixed manufacturing and operating costs $ 600,000