Smart stream inc. uses the product cost concept of applying the cost-plus approach to product pricing. the costs of producing and selling 10,000 cellular phones are as follows: variable costs per unit: fixed costs: direct materials $150 factory overhead $350,000direct labor 25 selling and admin. exp. 140,000factory overhead 40 selling and administrative expenses 25 total $240 smart stream desires a profit equal to a 30% rate of return on invested assets of $1,200,000.a. determine the amount of desired profit from the production and sale of 10,000 cellular phones.$b. determine the cost per unit for the production of 10,000 units of cellular phones.$per unitc. determine the product cost markup percentage for cellular phones.%d. determine the selling price of cellular phones. round to the nearest dollar. cost $per unitmarkup $per unitselling price $per unit

The distinction between a normal and an inferior good is

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.