Advanced company reports the following information for the current year. all beginning inventory amounts equaled $0 this year.

units produced this year 25,000 units

units sold this year 15,000 units

direct materials $9 per unit

direct labor $11 per unit

variable overhead $75,000 in total

fixed overhead $137,500 in total

93. given advanced company's data, compute cost of finished goods in inventory under absorption costing.

a. $285,000

b. $712,500

c. $427,500

d. $230,000

e. $345,000

94. given advanced company's data, compute cost of finished goods in inventory under variable costing.

a. $285,000

b. $712,500

c. $427,500

d. $230,000

e. $345,000

95. given advanced company's data, and the knowledge that the product is sold for $50 per unit and operating expenses are $200,000, compute the net income under absorption costing.

a. $55,000

b. $67,500

c. $80,500

d. $122,500

e. $205,000

96. given advanced company's data, and the knowledge that the product is sold for $50 per unit and operating expenses are $200,000, compute the net income under variable costing.

a. $55,000

b. $67,500

c. $80,500

d. $122,500

e. $205,000

Rate of return, standard deviation, coefficient of variation personal finance problem mike is searching for a stock to include in his current stock portfolio. he is interested in hi-tech inc.; he has been impressed with the company's computer products and believes hi-tech is an innovative market player. however, mike realizes that any time you consider a technology stock, risk is a major concern. the rule he follows is to include only securities with a coefficient of variation of returns below 1.07. mike has obtained the following price information for the period 2015 through 2018:hi-tech stock, being growth-oriented, did not pay any dividends during these 4 years. a. calculate the rate of return for each year, 2015 through 2018, for hi-tech stock. b. assume that each year's return is equally probable and calculate the average return over this time period. c. calculate the standard deviation of returns over the past 4 years. (hint: treat this data as a sample.) d. based on b and c determine the coefficient of variation of returns for the security. e. given the calculation in d what should be mike's decision regarding the inclusion of hi-tech stock in his portfolio?