1. Jill’s weekly mortgage payment is $400 (principal and interest). Monthly heating and condo costs are $80 and $220, respectively. Property taxes are $3,200 per annum. Consumer debt payments are $500 a month. If Jill earns $80,000 gross a year, what is her GDS ratio?
2. The Kramer Company developed a cost function for manufacturing overhead costs of Y = $14,000 + $5x. Estimated manufacturing overhead costs at 20,000 units of production would be A. $15,000 B. $100,000 C. $134,000 D. $114,000.