Swifty Corporation produced 340000 units in 160000 direct labor hours. Production for the period was estimated at 350000 units and 175000 direct labor hours. A flexible budget would compare budgeted costs and actual costs, respectively, at 175000 hours and 160000 hours. 170000 hours and 175000 hours. 160000 hours and 160000 hours. 170000 hours and 160000 hours.

Although appealing to more refined tastes, art as a collectible has not always performed so profitably. during 2003, an auction house sold a sculpture at auction for a price of $10,211,500. unfortunately for the previous owner, he had purchased it in 2000 at a price of $12,177,500. what was his annual rate of return on this sculpture? (a negative answer should be indicated by a minus sign. do not round intermediate calculations and enter your answer as