Ace racket company manufactures two types of tennis rackets, the junior and pro striker models. the production budget for july for the two rackets is as follows: junior production budget is 1,500 units and pro- striker production budge is6,200 units both rackets are produced in two departments, forming and assembly.

the direct labor hours required for each racket are estimated as follows:

forming department assembly department junior 0.16 hour per unit 0.24 hour per unit

pro striker 0.20 hour per unit 0.30 hour per unit

the direct labor rate for each department is as follows:

forming department $18.00 per hour

assembly department $14.00 per hour

prepare the direct labor cost budget for july 2016.

ace racket company direct labor cost budget for the month ending july 31, 2016

forming department assembly department

hours required for production:

junior

pro striker

total hourly rate

total direct labor cost

Calculate the required rate of return for an asset that has a beta of 1.73, given a risk-free rate of 5.3% and a market return of 9.9%. b. if investors have become more risk-averse due to recent geopolitical events, and the market return rises to 12.7%, what is the required rate of return for the same asset?

John novosel was employed by nationwide insurance company for fifteen years. novosel had been a model employee and, at the time of discharge, was a district claims manager and a candidate for the position of division claims manager. during novosel's fifteenth year of employment, nationwide circulated a memorandum requesting the participation of all employees in an effort to lobby the pennsylvania state legislature for the passage of a certain bill before the body. novosel, who had privately indicated his disagreement with nationwide's political views, refused to lend his support to the lobby, and his employment with nationwide was terminated. novosel brought two separate claims against nationwide, arguing, first, that his discharge for refusing to lobby the state legislature on behalf of nationwide constituted the tort of wrongful discharge in that it was arbitrary, malicious, and contrary to public policy. novosel also contended that nationwide breached an implied contract guaranteeing continued employment so long as his job performance was satisfactory. what decision as to each claim?

As a project manager for a large construction company, shaun decided to make the performance appraisal process as painless as possible for his crew. he spent a considerable amount of time creating performance standards he felt were reasonable, and after six months' time, he scheduled individual appointments with each worker to discuss strengths and weaknesses and areas that needed improvement according to the standards he privately set. some employees were sent to vestibule training, and one even got a promotion with additional compensation. what did he fail to do correctly