ho The management of Kunkel Company is considering the purchase of a machine that would reduce operating costs The machine will cost $40,000, and it will last for eight years. At the end of the eight-year period, the machine will have zero scrap value. Use of the machine will reduce operating costs by $7.000 per year. The company requires a minimum return of 12% before taxes on all investment projects, Required: 1. Determine the net present value of the investment in the machine. 2. What is the difference between the total. undiscounted cash inflows and cash outflows over the entire life of the machine When all direct material units purchased in a period are not used in production for that period, both direct material price and direct material quantity variances may be calculated for the period. Select one: O a. false, unless the DM were purchased on a Friday in November with cash b. i have no idea! c. false d. true