Assembly Direct Labor Hours $10.00 15,000 $150,000 Design # of options $12.50 2,000 $25,000 Packaging Units Produced $2.50 10,000 $25,000 Product X requires direct material of $25.00 per unit, direct labor of $30.00 per unit, 1.5 direct labor hours, and 2 options. Using activity-based costing, what is Temple Lighting’s overhead cost per unit of product? Select one:

On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?