Your Company uses tenant-days as its measure of activity. During January, the company budgeted for 2,600 tenant-days, but its actual level of activity was 2,580 tenant-days. The company has provided the following data concerning the formulas used in its budgeting and its actual results for January below. Monthly Budget Fixed expenses Variable per tenant day Revenue $35.50 Wages $3,500 $7.90 Expendables 1,100 13.30 Facility 8,100 3.00 Administrative 6,400 0.10 Total expense $19,100 $24.30 Actual results for January Revenue $92,260 Wages $23,938 Expendables $36,986 Facility $15,560 Administrative $6,942 What is the dollar amount for expendables in the flexible budget for January

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?