Travis Has a Portfolio Consisting of Two Stocks, a and B

question 66

Multiple Choice

Travis has a portfolio consisting of two stocks, A and B, which is valued at $42,900. Stock A is worth $23,900. What is the portfolio weight of stock B?

• A) .428
• B) .443
• C) .449
• D) .452
• E) .454

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Definitions:

Activity-Based Costing

A costing methodology that assigns costs to products or services based on the activities they require, aimed at providing more accurate information for decision-making.

Budgeted Overhead Cost

An estimate of the total indirect costs or overheads expected to be incurred during a specified budget period.

Activity Rates

Charges or costs associated with specific business activities, used in costing and budgeting.

Activity Levels

Various stages of business operations ranging from high to low, impacting costs and revenues.