are false. 21-23) Whitney Company is contemplating three different equipment investments. The relevant data follows: Proposal B $300,000 Proposal A $200,000 $40,000 Proposal C Investment outlay Annual cash savings for next 10 years Terminal salvage value (end of 10% Year) $10,000 Estimated useful life in years Minimum desired rate of return $830,000 $70,000 $5,000 $150,000 $20,000 10 10 10 12% 12% 12% The present value factor of an ordinary annuity of one for 10 periods at 12% is 5.6502. The present value factor of one for 10 periods at 12% is 0.322. Required: Compute the net present value of each investment 21) Proposal A: NPV = 22) Proposal B: NPV = 23) Proposal C: NPV = 24) An investment of $42,000 is expected to generate the following annual cash flows: Year 1 $10,000 Year 2 $15,000 $15,000 Year 3 Year 4 What is the payback period? $12,000 Years. 25) Managers allocate the salaries of human resource personnel to a producing department. The salaries are considered to be a(n) the human resource department. A) direct cost; indirect cost B) indirect cost; direct cost C) indirect cost; indirect cost for the producing department and a(n) for D) traceable cost; common cost E) I am confused and don't know the answer. 26) Why do companies develop cost allocation methods to assign service department costs to producing departments? A) to identify the total cost of production B) to accurately determine the inventory cost C) to determine the prices for products D) B and C above E) A, B, and C above