Marilyn,age 38,is Employed as an Architect

question 86

Essay

Marilyn,age 38,is employed as an architect.For calendar year 2015,she had AGI of $204,000 and paid the following medical expenses: Medical insurance premiums $ 7,800 Doctor bills for Peter and Esther (Marilyn's parents) 7,300 Doctor and dentist bills for Marilyn 11,100 Prescription medicines for Marilyn 750 Nonprescription insulin for Marilyn 950 ​ Peter and Esther would qualify as Marilyn's dependents except that they file a joint return.Marilyn's medical insurance policy does not cover them.Marilyn filed a claim for reimbursement of $6,000 of her own expenses with her insurance company in December 2015 and received the reimbursement in January 2016.What is Marilyn's maximum allowable medical expense deduction for 2015?

Grasp the concept that no culture is considered inferior or superior.

Recognize the traditional African model of mental illness and its roots.

Acknowledge how cultural values and beliefs influence the understanding of psychological distress.

Understand the philosophy of constructive alternativism.

---

Definitions:

Contribution Margin

The difference between sales revenue and variable costs, representing the amount that contributes to covering fixed costs and generating profit.

Contribution

The portion of sales revenue that exceeds variable costs, contributing towards covering fixed costs and generating profit.

Machine Hour

A measurement of production time, quantifying the number of hours a machine is in operation during a given period.

Variable Costs

Expenses that change in proportion to the activity of a business.