Use the Table for the Question(s)below

question 35

Essay

Use the table for the question(s)below.
Consider the following realized annual returns:
-Using the data provided in the table,calculate the average annual return,the variance of the annual returns,and the standard deviation of the average returns for the market from 2000 to 2009.

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Definitions:

Direct Materials Cost

The cost of raw materials that can be directly attributed to the production of specific goods or services.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities, providing a more accurate reflection of costs.

Direct Labor-Hours

Direct labor-hours are the total hours worked by employees directly involved in the manufacturing process.

Direct Materials Cost

The cost of raw materials used to produce a product, which are directly attributable to the product.