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At the end of the year, the following information is available. Actual Overhead: $200,400 Budgeted Overhead: $200,900 Overhead Applied: $201,400 $1,000 favorable $500 favorable $1,000

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At the end of the year, the following information is available. Actual Overhead: $200,400 Budgeted Overhead: $200,900 Overhead Applied: $201,400 $1,000 favorable $500 favorable $1,000 unfavorable $500 unfavorable A company has a minimum required rate of return of 9% and is considering investing in a project that costs $160,000 and is expected to generate net cash flows of $48,000 at the end of each year for four years. The net present value of this project is $4,493 $32,000 $14,816 $26,703

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