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Hello please answer all the questions, I really appreciate it!! 7 Choose: Bob computed the net present value of a project and found that the
Hello please answer all the questions, I really appreciate it!!
7 Choose: Bob computed the net present value of a project and found that the NPV was when he discounted the cash flows at 6%. What was the internal rate of return in this case? a. Greater than 6% b. Exactly 6% c. Less than 6% d. No way to determine the rate 8] Choose: Mandy sells a product with a price of $15 per unit. The variable cost per unit is $9. Fixed costs are $180,000. What is the formula that will derive the breakeven point in revenue? a. BERev=180,000/6 b. BERev=180,000/ C. BERev=180,000/.4 d. BERev = .6/180,000 Choose: Capital Budgeting techniques include: NPV, IRR and Payback Period. Which of these techniques ignores the time value of money? b. IRR c. Payback Period d.None of these ignore the time value of money a. NPV 10 Choose: Johnson Company paid a price of $8.40 per pound of raw material. The standard cost per pound was $8.00. Which variance will be unfavorable as a result? a. DMPV b. DMQVC. DLRV d. DLTV 11 Choose: How would costs such as rent, property taxes and depreciation be categorized? a. Variable costs b. Fixed costs c. Mixed costs d. Semivariable costs 12 Choose: If there is overapplied or underapplied overhead at the end of the year, that overhead is closed to: a. Finished Goods Inventory b. Work in Process c. Cost of Goods Sold d. Sales 13 Choose: Which of the following costs would be considered a period cost? a. Salesman's salaryb. Production Supervisors' salary c. Factory laborer's salary d. Factory watchman's salary 14 Choose: Lemon Company's Predetermined overhead rate is $30 per direct labor hour. Lemon produced job 101 using direct material costing $140. Direct labor was 3 direct labor hours at $20 per hour. The cost of job 101 would be: a. $230 b. $170 c. $200 d. $290Step by Step Solution
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