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Need help cannot figure out the answers to these three requirements for a question. --- Jackson Industries has collected the following data for one of

Need help cannot figure out the answers to these three requirements for a question.

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Jackson Industries has collected the following data for one of its products:

Direct materials standard (6 pounds per unit @ $0.55/lb.) $3.30 per finished good

Actual direct materials purchased $38,000 pounds

Actual Direct Materials Used (AQU) 35,000 pounds

Actual Price (AP) paid per pound $0.60

How much is the direct materials price variance?

A.$1,750 favorable B.$1,900 favorable C.$1,900 unfavorable D.$1,750 unfavorable

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16. You win the lottery and must decide how to take the payout. Use a 44% discount rate. What is the present value of $12,000 a year received at the end of each of the next six years? (The present value of annuity for this scenario 5.242.)

A. $72,000 B. $9,480 C. $41,580 D. $62,904

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The ________ capital budgeting model considers both profitability and the time value of money.

A.accounting rate of return B.net present value C.payback D.Both a and c are correct

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