Calculate the required rate of return for mudd enterprises assuming that investors expect a 4.4% rate of inflation in the future. the real risk-free rate is 1.5%, and the market risk premium is 7.0%. mudd has a beta of 1.2, and its realized rate of return has averaged 9.5% over the past 5 years. round your answer to two decimal places.

Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was: