Hugh, a self-employed individual, paid the following amounts during the year: real estate tax on iowa residence: 3,800state income tax: 1,700real estate taxes on land in puerto rico (held as an investment): 1,100gift tax paid on gift to daughter: 1,200state sales taxes: 1,750state occupational license fee: 300property tax on value of his automobile (used 100% for business): 475what is the maximum amount hugh can claim as taxes in itemizing deductions from agi? (a) $6,600(b) $6,650(c) $7,850(d) $8,625(e) none of the above

Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units

Aproduct has a demand of 4000 units per year. ordering cost is $20, and holding cost is $4 per unit per year. the cost-minimizing solution for this product is to order: ? a. 200 units per order. b. all 4000 units at one time. c. every 20 days. d. 10 times per year. e. none of the above