A company has determined that the standard for materials is 10 ft.2 at $4 per square foot. If a process produces 2000 units and uses 12 ft. per unit at $5 per square foot, the materials quantity variance is Select one: a. $18,000 unfavorable b.$18,000 favorable c. $16,000 unfavorable d. None of the above es Ellis Jefferson is saving for a new car that costs $50,000. How many dollars should he set aside now to receive $50,000 in 8 years assuming money compounds at 4% annually? Present Value Interest Factors 15% 20% 12% 8% 10% 6% Period 4% 2% 8696 8333 9091 8264 8929 7972 9259 8573 9615 9434 9804 6944 7561 8900 8396 .9246 8890 8548 2 .9612 6575 5787 7513 7118 7938 9423 6830 5718 A823 A019 6355 5674 7350 6806 9238 7921 4 A972 6209 7473 8319 5 9057 A323 3349 5645 5066 7050 6302 8880 7903 6 3759 2791 5132 A523 6651 5835 7599 7 8706 8535 2326 5403 4039 3269 4665 7307 6274 2843 1938 4241 3606 5919 5002 7026 8363 9 2472 1615 3855 3220 5584 A632 8203 6756 10 2149 1346 3505 2875 5268 A289 6496 11 8043 .1122 2567 2292 .1869 3186 4970 4688 4423 3971 6246 12 7885 0935 1625 2897 3677 6006 13 7730 0779 1413 2633 2046 3405 5775 7579 14 0649 1229 2394 2176 1827 3152 5553 4173 7430 15 .0541 1069 1631 2919 3936 7284 5339 16 0929 0808 0451 1456 1300 .1978 2703 5134 3714 17 7142 0376 1799 2502 3503 7002 4936 18 0313 0703 1161 1635 3305 3118 2317 4746 19 20 6864 .0261 2145 0037 0611 1486 A564 6730 elect one: a. 35,535 b. 36,535 c. 37,535 d. 38,535 The benefit cost ratio Select one: a. Utilizes the time value of money b. Does not utilize the time value of money The present value of cash flow allows an individual to assess Select one: a. the value ofa present cash flow. b. the value of a stream of cash flows in terms of the best alternative. c. Both A and B d. Neither A nor B