> Moving to another question will save this response. Question 15 An investment project requires an initial investment of $165,000. The project is expected to generate net cash inflows of $38,000 per year for the next five years. These cash inflows occur evenly throughout the year. Assuming a 12% discount rate, the project's payback period is? (Ignore income taxes) 3.82 years OB.3.61 years OC 0.23 years 4.34 years OD Question 15 of 21 Moving to another question will save this response. Question 1 of 21 Question 1 16 points Save Ane Violin Inc uses the number of music lessons provided as its measure of activity. During April the company budgeted for 460 music lessons, but its actual level of activity was 455 music lessons. Salary expense is a mixed cost of 56,300 per month plus $56 per music lesson. Salary expense in the planning (static) budget is closest to: O A $25,760 O B. $31,780 O c. $32,060 OD 56,300 Question 1 of 21 Amount Resources Resources Description Sundard quantity per units of output Standard price 51025 per foot oral Resources The following data pertain to actual operations concerning Product A for the last month aroups 1-2302-600 12912711 Description Amount Artual materials purchased 12.500 feet Actual cost of materials purchased 512175 Actual materials used in production 11.00 feel Actual output 220 units Select Your Answer 51075 unfavorable Question What is the materials quantity variance for the month What is the materials price variance for the month? 250 favorable Question of 21 Question Description Standard labor hours per unit of output Standard labor rate Amount 12 hours $15.50 per hour The following data pertain to actual operations concerning Product for the last month Description Amount Actual hours worked 2.960 hours Actual total labor cost 549,728 Actual output 260 units Select Your Answer 52.480 favorable 8 Question What is the labor efficiency variance for the month? What is the labor rate variance for the month? 53848 unfavorable Question 5 of 21 Moving to another question will save this response 0 w atv AR A Remaining Time: 1 hour, Question Completion Status: unthly costs associated with the alternatives are listed below. Question 9 Three alternatives: D, E and F, are under consideration for a new service Alternative Alternative e Alternative $2,200 $2,200 $2,200 $1,500 $1,500 $1,500 Maintenance costs Fuel costs Are the maintenance costs and fuel costs relevant in the choice between alternatives D, E and RI O Only maintenance costs are revelant Both maintenance costs and fuel costs are relevant Oc Only fuel costs are relevant D. Neither maintenance costs nor fuel costs are relevant OB Question 9 of 21 Moving to another question will save this response. W A tv