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Information for two alternative projects involving machinery investments follows. Project 1 requires an initial investment of $155,000. Project 2 requires an initial investment of
Information for two alternative projects involving machinery investments follows. Project 1 requires an initial investment of $155,000. Project 2 requires an initial investment of $112,000. Annual Amounts Sales of new product Expenses Materials, labor, and overhead (except depreciation) Depreciation-Machinery Selling, general, and administrative expenses Income Project 1 $ 108,000 Project 2 $ 88,000 34,000 67,000 20,000 2,000 10,000 22,000 $ 9,000 $ 12,000
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