The Stock A is the riskiest of all the available stock.
Explanation:
Risk perception of the stock is a very important component of the investment industry.
Standard deviation is the most common parameter to evaluate the risk parameter of any stock. It helps an investor in assessing the volatility of the stock and market.
Higher the price more is the volatility and higher would be a standard deviation. A lower price would eventually translate into low standard deviation.
However, it is to be remembered that the standard deviation is not the only measure of risk perception of the stock.
Answer:
Total cost= $1,375
Explanation:
Giving the following information:
The budgeted factory overhead last year was $200,000, and there were 40,000 machine hours budgeted.
Job 84:
Direct materials= $900
direct labor hours= 25
Direct labor cost= $350.
First, we need to calculate the manufacturing overhead rate based on direct labor hours:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 200,000/40,000= $5 per direct labor hour
Now, we can calculate the total cost:
Total cost= direct material + direct labor + allocated overhead
Total cost= 900 + 350 + 5*25= $1,375
I would say $7.00 per hour lol
Answer:
Since 2019, the deduction limit for interest expense deductions on qualified higher education loans is $2,500. In order to qualify for this deduction, the taxpayer's adjusted AGI must be less than $85,000 for single filers (Lionel's income is below the threshold).
So Lionel will be able to deduct $1,440 as interest expense (above the line deduction).
Lionel can also deduct $2,500 form the American Opportunity Tax Credit for higher education expenses.
