Augie purchased one new asset during the year (five-year property) on november 10, 2017, at a cost of $660,000. she would like to use the § 179 election and will also take additional first-year depreciation. the income from the business before the cost recovery deduction and the § 179 deduction was $600,000. determine the total cost recovery deduction with respect to the asset for 2017.
a. $30,500
b. $320,250
c. $510,000
d. $588,750
e. none of the above

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