1 Present Value of an Annuity of 1 Periods 8 94 10% 926 .917 .909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 A company has a minimum required rate of return of 8%. It is considering investing in a project that costs $150,000 and is expected to generate cash inflows of $62,000 at the end of each year for three years. The net present value of this project is O A. $154,194 B. $4,194 OC. $159,774 OD. 59,774 QUESTION 3 The per unit standards for direct materials are 5 gallons at 56 per gallon Last month, 28.000 gallons of direct materials that actually cost $176,400 were used to produce 6,000 units of product. The direct materials quantity variance for last month was A. 58.400 unfavorable B. 59.000 favorable. C.512,000 favorable D. $12,600 unfavorable