Answer:
Part A:
Rent = $7380
Mortgage payments = $9800
Insurance = $145
Taxes, insurance, maintenance = 
= $2830
Loss of Interest on security deposit = (650*6%) = $39
Interest lost on down payment and closing cost = (4,500*6%) = $270
Growth in equity = $225
Annual appreciation = $1700
Tax savings for mortgage interest = (9,575*28%) = $2,681
Tax savings for property taxes = (1,780*28%) = $498
Total rental cost = 
dollars
Total buying costs = 
dollars
Part B:
You should consider rent because the cost of renting is less than the cost of buying.
Answer: $4850
Step-by-step explanation:
The other information related to the question is:
Direct materials = $3.50
Direct labor = $1.10
Variable overhead = $0.45
Fixed overhead = $2.80
Total = $7.85
Based on the information given in the question, the increase in the profit will be calculated as the contribution from the 3000 extra units minus the worker's salary.
Contribution from 3000 units will be:
= (Selling price - Direct materials - Direct labor - Variable overhead) × 3000
= ($25 - $3.50 - $1.10 - $0.45) × 3000
= $19.95 × 3000
= $59850
Increase on Profit:
= $59850 - $55000
= $4850
Answer:
8 feet
Step-by-step explanation:
Answer:
The equation of the line would be y = -2x + 3
Step-by-step explanation:
In order to find the equation of the line, start by using point-slope form with the known information.
y - y1 = m(x -x1)
y - 1 = -2(x - 1)
Now that we have this, solve for y.
y - 1 = -2x + 2
y = -2x + 3
