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Stanley Corp

question 124

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Stanley Corp. manufactures two models of its roasting pans, a standard and a deluxe model. Three activities have been identified as cost drivers and the related costs pooled together to arrive at the following information:
Stanley Corp. manufactures two models of its roasting pans, a standard and a deluxe model. Three activities have been identified as cost drivers and the related costs pooled together to arrive at the following information:    -If activity-based costing is used, then the total cost of the components used in the deluxe model would be A)  $3,455. B)  $27,636. C)  $48,364. D)  $76,000.
-If activity-based costing is used, then the total cost of the components used in the deluxe model would be


Definitions:

Portfolio Standard Deviation

A measure of the dispersion of the returns of a portfolio, indicating its risk.

Individual Security

A specific financial instrument, such as a stock or bond, representing an investment in assets or rights to ownership.

Covariance

A statistical measure that indicates the extent to which two variables change together; if the covariance is positive, the variables move together, while a negative covariance means they move inversely.

Securities' Returns

The profit or loss derived from investing in a security, including dividends, interest, and capital gains.

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