Haylock inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the direct labor budget indicates that 7,300 direct labor-hours will be required in august. the variable overhead rate is $1.70 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $100,390 per month, which includes depreciation of $8,960. all other fixed manufacturing overhead costs represent current cash flows. the august cash disbursements for manufacturing overhead on the manufacturing overhead budget should be:

Profits from using currency options and futures.on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda.com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2