I need help with these questions See Attached Sheet Below

QUESTION 1 The following data pertains to an investment: Cost of the investment.........................................$18,955 Life of the project......................................................5 years Annual cost savings.............................................$5,000 Estimated salvage value........................................$1,000 Discount rate........................................................10% Present value of $1 at 10% for 5 years.........................0.621 Present value of an Annuity of $1 at 10% for 5 years........3.791 Future value of $1 at 10% for 5 years..........................1.611 Future value of an Annuity of $1 at 10% for 5 years.........6.105 The net present value of the proposed investment is: a. b. c. d. $3,355 $(3.430) $0 $621 QUESTION 2 By converting dollars to be received in the future into current dollars, the present value methods take into consideration that money: a. b. c. d. Has an international rate of exchange Is the language of business Is the measure of assets, liabilities, and stockholders' equity on financial statement. Has a time value QUESTION 3 The following labor standards have been established for a particular product: Standard labor-hours per unit of output................3.3 hours Standard labor rate....................................$16.15 per hour The following data pertains to operations concerning the product for the last month: Actual hours worked..................................6.300 hours Actual total labor cost...........................$103,635 Actual output..........................................2,000 units What is the labor rate variance for the month? a. b. c. d. $2,955 F $4,935 F $2,955 U $1,890 U Question 4 is on the next page QUESTION 4 MSU has collected the following data for one of its products: Direct materials standard (6 pounds per unit @ $0.55/lb.) Direct materials flexible budget variance-unfavorable Actual direct materials used Actual finished goods produced How much is the direct materials quantity variance? a. b. c. d. $78,550 favorable $27,940 unfavorable $66,550 favorable $78,550 unfavorable $3.30 per finished good $12,000 35,000 pounds 26,000 units