Beck manufacturing reports the information below for 2017. raw materials inventory begin. inv. 10,000 purchases 45,000 avail. for use 55,000 dm used 46,500 end. inv. 8,500 work in process inventory begin. inv. 14,000 dm used 46,500 direct labor 27,500 overhead 55,000 avail. for mfg. 143,000 cost of goods mfg 131,000 end. inv. 12,000 finished goods inventory begin. inv. 16,000 cost of goods mfg 131,000 avail. for sale 147,000 cost of goods sold 129,000 end. inv. 18,000 required: 1. prepare the schedule of cost of goods manufactured for the year. 2. compute cost of goods sold for the year.

Rate of return, standard deviation, coefficient of variation personal finance problem mike is searching for a stock to include in his current stock portfolio. he is interested in hi-tech inc.; he has been impressed with the company's computer products and believes hi-tech is an innovative market player. however, mike realizes that any time you consider a technology stock, risk is a major concern. the rule he follows is to include only securities with a coefficient of variation of returns below 1.07. mike has obtained the following price information for the period 2015 through 2018:hi-tech stock, being growth-oriented, did not pay any dividends during these 4 years. a. calculate the rate of return for each year, 2015 through 2018, for hi-tech stock. b. assume that each year's return is equally probable and calculate the average return over this time period. c. calculate the standard deviation of returns over the past 4 years. (hint: treat this data as a sample.) d. based on b and c determine the coefficient of variation of returns for the security. e. given the calculation in d what should be mike's decision regarding the inclusion of hi-tech stock in his portfolio?