17. Direct labor costs related to production are: a. period costs. b. expensed in the period in which they are incurred. c. included in manufacturing overhead. d. expensed when the products are sold. e. None of the above. 18. Venture Company has two independent investment opportunities, each requiring an initial outflow of $35,000. The cash inflows for each investment are provided below. Investment A $ 50,000 Investment B Year 1 Year 2 Year 3 Year 4 40,000 40,000 30,000 $160,000 $ 40,000 40,000 40,000 40,000 $160,000 Total inflows Without making any calculations, which investment will have the higher net present value? a. Investment A b. Investment B. C. Both investments have the same net present value. d. This cannot be determined with the information provided. e. None of the answer choices is correct.