26. Lamar Company invest an equipment in a project with an 8 years life and required a $240,000. at the end of the 8^thyears project will be determined and the group will have 0 salvage value

Sales$300,000

Variable expense$180,000

Contribution Margin$120,000

Marketing Expense$70,000

Depreciation$30,000

Net operating income$20,000

Lamar's disc rate 12 %. If the discount rate the present value of an annuity of $1 at 12% for 8 years is 4.968 what is the present value of the salvage value ?

A $99,360

B 10

C $248,400

D $596,160

E the answer can't be compute

31. Hilton Corporation had sales revenue of $1,105 for the month. Marketing expenses for the month were $60 and administrative expenses were $50

Inventory classification1^stday of the monthend of month

Direct material$60$70

Work in process120115

Finished goods150165

During the month, Hilton purchased $250 of raw materials and spent $400 of direct labor. Other manufacturing costs such supervisory salaries and utilities were $90 and plant equipment depreciation was $100.

Indirect materials used for the month are?

Please answer