Consider the following two securities x and y. x: return = 20.0%; standard deviation = 20.0%; beta = 1.5 y: return = 10.0%; standard deviation = 30.0%; beta = 1.0 risk-free asset: return = 5.0% using the data, what is the portfolio expected return if you invest 100 percent of your money in x, borrow an amount equal to half of your own investment at the risk-free rate and invest your borrowings in asset x?

Direct materials (4.2 x $15) $ 63direct labor ($12 x 17.5) $210manufacturing overhead ($2.40 x 17.5) $42total job cost $ 315dougan, inc. allocates overhead based on a predetermined overhead rate of $2.40 per direct labor hour. employees are paid $12.00 per hour. job 24 requires 4.2 pounds of direct materials at a cost of $15.00 per pound. employees worked a total of 17.5 hours to complete the job. actual manufacturing overhead costs totaled $80,000 for the year for the company. how much is the cost of job 24?