2. This table shows Brad's annual housing expenses. Expense Monthly rent Quarterly tenant's insurance payments Natural...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
2. This table shows Brad's annual housing expenses. Expense Monthly rent Quarterly tenant's insurance payments Natural gas bills (received monthly) b) Cost $750 C) $107.34 $99.25, $98.75, $66.28, $62.36, $54.74, Electricity bills (received bi-monthly) Monthly phone and Internet bill a) Identify each expense as a fixed or variable expense. (5 marks) - (B3) $37.49, $60.82, $38.39, $66.42, $96.13, $78.35, $99.16 $199.78, $122.77, $43.08, $68.69, $72.74,| $147.83 $47.95 What are Brad's total fixed housing costs for one year? Show your calculations. marks) - (B3) What are Brad's total variable housing costs for one year? (2 marks) - (B3) 2. This table shows Brad's annual housing expenses. Expense Monthly rent Quarterly tenant's insurance payments Natural gas bills (received monthly) b) Cost $750 C) $107.34 $99.25, $98.75, $66.28, $62.36, $54.74, Electricity bills (received bi-monthly) Monthly phone and Internet bill a) Identify each expense as a fixed or variable expense. (5 marks) - (B3) $37.49, $60.82, $38.39, $66.42, $96.13, $78.35, $99.16 $199.78, $122.77, $43.08, $68.69, $72.74,| $147.83 $47.95 What are Brad's total fixed housing costs for one year? Show your calculations. marks) - (B3) What are Brad's total variable housing costs for one year? (2 marks) - (B3)
Expert Answer:
Answer rating: 100% (QA)
a Monthly rent Fixed Quarterly tenants insurance Fixed Month... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these finance questions
-
A researcher wanted to find out if there was difference between older movie goers and younger movie goers with respect to their estimates of a successful actors income. The researcher first...
-
My question is how to write the code in WareHouse.java This is WareHouse.java package warehouse; /* * * This class implements a warehouse on a Hash Table like structure, * where each entry of the...
-
Explain how to apply the rules of Section (61)a to determine taxable items.
-
Doug Brackett wants to have enough mechanics on hand to take care of his customer requests, but he does not want to be paying mechanics to sit around doing nothing. Doug needs to know a reasonable...
-
Austin purchased shares of stock for x dollars in 2004. He sold them in 2010 for y dollars per share. a. Express his capital gain algebraically. b. Express his capital gain as a percent of the...
-
What was the approximate net change from April 29 to April 30? Express that net change as a monetary amount and as a percent to the nearest tenth. WPO Daily - 695 690 685 680 675 670 665 660 655 650...
-
Utah Banks bid price for Canadian dollars is $.7938 and its ask price is $.81. What is the bid/ask percentage spread?
-
Devin Advertising Companys trial balance at December 31 shows Supplies $6,700 and Supplies Expense $0. On December 31, there are $2,500 of supplies on hand. Prepare the adjusting entry at December...
-
A study concluded that following 7 simple health rules can extend a man's life by 11 years on the average and a woman's life by 7 years. These 7 rules are as follows: no smoking, get regular...
-
John is part of a religious group that believes you should have multiple wives. However, since John realizes that the United States criminalizes plural marriages, he officially marries only one woman...
-
A lathe machine costs $20,000 today and has an estimated scrap value of $2000 after 8 years, the inflation per year is 8%. How much money needs to be set aside each year to buy an identical...
-
Ambrosia Bakery makes cakes for freezing and subsequent sale. The bakery which operates five days a week, 52 weeks a year can produce cakes at the rate of 116 cakes per day. The bakery sets us the...
-
Wildhorse Manufacturing incurs the following unit manufacturing cost in producing its sport earbuds: Variable Costs $50 Fixed Costs 25 A special order for 1860 units has been received. The unit price...
-
28.5g of iron shot is added to a graduated cylinder containing 45.50mL of water. The water level rises to the 49.10mL mark. From this information, calculate the density of iron.
-
During the year 2021, Ricki, who is not self employed and does not receive employer reimbursement for business expenses, drove her cur 4,200 miles to visit clients, 6,500 miles to get to her office,...
-
Examine the relationship between globalization and cultural homogenization. To what extent does globalization contribute to the erosion of cultural identities, and how do local communities resist...
-
. Please post a response to one of the following questions and respond to at least 2 of your classmates' posts. 1. How does an accounting worksheet support the accounting cycle and preparation of...
-
The Adjusted Trial Balance columns of a 10-column work sheet for Webber Co. follow. Complete the work sheet by extending the account balances into the appropriate financial statement columns and by...
-
Ulysses and Penelope are married and file separate returns for 2012. Penelope itemizes her deductions on her return. Ulysses' adjusted gross income was $17,400, his itemized deductions were $2,250,...
-
Steve Drake sells a rental house on January 1, 2012, and receives $130,000 cash and a note for $55,000 at 10 percent interest. The purchaser also assumes the mortgage on the property of $45,000....
-
Frank Willingham has the following transactions during the year: Sale of office equipment on March 15 that cost $20,000 when purchased on July 1, 2010. Frank has claimed $5,000 in depreciation and...
-
What difference do you see between payment of dividends and capital reduction?
-
Under what conditions might a fast-growing company with opportunities to invest at a rate of return higher than its cost of capital have a capital decrease?
-
What does a share buyback programme mean for the companys creditors?
Study smarter with the SolutionInn App