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Ise the following information to answer question 24 Black Forrest manufactures rustic furniture. The cost accounting system estimates manufacturing costs to be $180 per table,

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Ise the following information to answer question 24 Black Forrest manufactures rustic furniture. The cost accounting system estimates manufacturing costs to be $180 per table, consisting of 80% variable costs and 20% fixed costs. The company has surplus capacity av lable it is Back Forrest's policy to add a 50% markup to full costs. Black Forrest is invited to bid on a one-time-only special order to supply 100 rustic tables. 24- What is the lowest price Black Forrest should bid on this special order? A) $12,600 B) $14,400 C) $18,000 D) $23,000 n the payback method, depreciation is subtracted from net operating income when computing the annual net cash flow. False True 26- The internal rate of return is the rate of return of an investment project over its useful life. False True

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