A company is considering investing in a project that costs $70,000, has an expected useful life of 4 years, a salvage value of 0, and will increase net annual cash flows by $21,600. The approximate internal rate of return on this project is 8% 9% 10% 11% Lazy Days' budgeted sales data includes Month Sales in units May 2,800 June 3,000 July 2,500 The company always keeps 15% of the next month's sales as ending inventory. How many units should Lazy Days produce during June? 3,075 2,925 2,625 2,955 The per-unit standards for direct labor are 4 direct labor hours at $12 per hour. If in producing 1,000 units, the actual direct labor cost was $49,400 for 3,952 direct labor hours worked, the total direct labor variance is $2,000 unfavorable. $588 favorable. $756 favorable. $1400 unfavorable