Margaret paid $15,000 of interest on $300,000 of acquisition debt used to purchase her principal home (fair market value of $500,000), $5,000 of interest on $100,000 of acquisition debt used to purchase a second home (fair market value of $150,000), $1,000 of credit card interest, and $3,000 of margin interest for the purchase of stock. Assume that Margaret has $10,000 of interest income this year and no investment expenses. How much of the interest expense may she deduct this year

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Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z

Which are the best examples of costs that should be considered when creating a project budget?