13) What is the net present value of a machine purchased for $115,000 with the following cash flows: Year 1 $50,000 Year 2 $75,000 Year 3 $67,000 With an interest rate of 7% compounded annually is A) $66,929 B) $65,251 C) $166,929 D) $51,929 14) True False Variance is a comparison of actual monthly amounts compared to the Company's budget and then compared to the same period last year. 15) Just in time(lean) inventory is in use to: A) Decrease warehousing costs B) Deliver products to the customer faster C) Decrease insurance costs D) All of the above. 16)If all other nonfinancial factors are the same, (shown in dollars per unit) the Direct Materials cost $2.50, the Direct Labor cost $2.68, the incremental Overhead Rate is $5.29 or the Purchase Price is $10.75, the company should: A) Buy the product B) Make the product C) Buy half of the product, and make the other half