2. Assume that you manage a risky portfolio with an expected rate of return of 12% and a standard deviation of 22%. The risk-free rate is 2%. Your client chooses to invest 70% their assets in your portfolio, and 30% in cash (risk-free). a) What is the expected return and standard deviation of your client's portfolio

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?