1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
exis [7]
3 years ago
11

Travis has a 2,400 square foot home. He is a sales representative for a pharmaceutical company and uses one room of his home exc

lusively for his business. The area of the office is 240 square feet. During the past year, he painted his office and replaced the door at a cost of $500; paid for utilities for his home, $3,000; paid property taxes, $1,500; paid mortgage interest, $3,600; and replaced a door jam and door for his patio, $600. Travis has________$ in deductible direct expenses and________$ in deductible indirect expenses.
Business
1 answer:
I am Lyosha [343]3 years ago
7 0

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

You might be interested in
When the interest rate increases, the opportunity cost of holding money Group of answer choices increases, so the quantity of mo
Contact [7]

An increase in the interest rate increases the opportunity cost of holding money and leads to a reduction in the quantity of money demanded

<h3>What is opportunity cost ?</h3>

The opportunity cost of a particular activity option in microeconomic theory is the loss of value or benefit that would be incurred by engaging in that activity, as opposed to engaging in an alternative activity that offers a higher return in value or benefit.

The value of the next best alternative or option is referred to as the opportunity cost. This value may or may not be monetary. Value can also be measured using other criteria such as time or satisfaction. One formula for calculating opportunity costs could be the ratio of what you give up to what you gain.

To know more about opportunity cost follow the link:

brainly.com/question/1549591

#SPJ4

5 0
2 years ago
The Behavior Analyst goes to the individual's residence to conduct a behavior
Vedmedyk [2.9K]

Ideally, the Behavior Analyst should leave the business card, the name of the individual to be served, and the name of the service that will be provided. In this case, option B is the correct answer.

We can arrive at this answer because:

  • The Behavior Analyst needs to show that he tried to contact the customer and show that he is interested in contacting him again.
  • For this reason, he shows that the customer can get in touch with him, leaving the business card, with the contact forms.
  • To make this contact more professional and thus increase the credibility of the service, the Behavior Analyst leaves the name of the person to be served and the service that will be provided.

This type of behavior shows commitment to customer service, which gives the Behavior Analyst credibility and increases the chances of a contract.

More information:

brainly.com/question/14343395?referrer=searchResults

7 0
1 year ago
Sales is $90 per unit; direct material is $30 per unit; direct labor is $12 per unit; overhead is $5 per unit and $2,100 per mon
AVprozaik [17]

Answer:

$10

Explanation:

7 0
2 years ago
When a company exchanges 200 shares of stock worth $20 each for 100 shares worth $40 each, they are using?
Stels [109]
When a company exchanges 200 shares of stock worth $20 each for 100 shares worth $40 each, they are using reverse stock split. 
A reverse stock split is a corporate action in which a firm or a company reduces the number of shares it has outstanding by a set multiple. For example, if a company announces a reverse stock split of 1:50, this means that once the split occurs investors will receive one share for every 100 shares they own.
6 0
3 years ago
The blueprint of a design is shown to the client at what point in the process
Deffense [45]

Explanation:

Doing this for free brainly plus

8 0
2 years ago
Other questions:
  • John,a supervisor at the local factory, receives frequent requests from workers on how to fix the machine they use.What should J
    13·2 answers
  • The improper payments made by APC occurred during the time frame that Andrea Jung served as Avon's CEO. Was she "responsible" fo
    10·1 answer
  • Which of these is an example of innovation?
    5·1 answer
  • Project _____ management includes estimating how long it will take to complete work, develop an acceptable project schedule, and
    11·1 answer
  • After graduating from one of the highest-ranked business schools in the world, Alfred was hired as a divisional marketing manage
    13·1 answer
  • Pratte Boat Wash's cost formula for its cleaning equipment and supplies is $2,500 per month plus $48 per boat. For the month of
    10·1 answer
  • Which of the following businesses is most likely to use a process costing​ system? A. a construction company B. an accounting fi
    5·1 answer
  • A manufacturer reports the following costs to produce 10,000 units in its first year of operations: Direct materials, $10 per un
    6·1 answer
  • As price falls along a downward sloping ordinary demand curve (in the x1, p1 plane), consumer utility will Group of answer choic
    12·1 answer
  • For an academic entrepreneur based in a university, licensing-out a technology to a commercial partner may be more appropriate t
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!