The Mischief Makers Inc. manufacturers Loki Staffs (not including the infinity stone). Direct materials: The company purchases the wood for $8.25. A 2% discount is offered when the company commits to a minimum purchase (which it does). Shipping costs are $1.35. Receiving and handling costs for the company amount to $0.65.The company expects to use 1.5 pounds of material per staff. And, after careful research, expects 0.3 pounds for waste and 0.1 pounds for damage/spoilage. Direct labor: The company pays its laborers $16 per hour. Payroll taxes and fringe benefits based on this hourly wage amount to $0.90 and $2.25, respectively. Based on its studies, the company expects actual production time to be 1.0 hours per staff. Other time spent per staff include: 0.2 for setup, 0.2 for cleanup, and 0.1 for rest periods. Manufacturing overhead:The company uses direct labor hours as its base when allocating their overhead costs. The company estimates a variable overhead rate of $3.00 and a fixed overhead rate of $2.83 per direct labor hour. Required: Prepare a standard cost card to help the company calculate the standard cost per staff. Round amounts to two decimal places if necessary.

Risk is the risk of a decline in a bond's value due to an increase in interest rates. this risk is higher on bonds that have long maturities than on bonds that will mature in the near future. risk is the risk that a decline in interest rates will lead to a decline in income from a bond portfolio. this risk is obviously high on callable bonds. it is also high on short-term bonds because the shorter the bond's maturity, the fewer the years before the relatively high old-coupon bonds will be replaced with new low-coupon issues. which type of risk is more relevant to an investor depends on the investor's , which is the period of time an investor plans to hold a particular investment. longer maturity bonds have high risk but low risk, while higher coupon bonds have a higher level of risk and a lower level of risk. to account for the effects related to both a bond's maturity and coupon, many analysts focus on a measure called , which is the weighted average of the time it takes to receive each of the bond's cash flows. conceptual question: which of the following bonds would have the largest duration? a)10year-zero coupon bonds b)10year-7% annual coupon bonds c)10year-3% annual coupon bonds d)5year-3% annual coupon bonds e)3year-7% annual coupon bonds