part 2

Cooper Company has a direct material standard of 2 gallons of input at a cost of $10.50 per gallon. During July, Cooper Company purchased and used 6,650 gallons, paying $46,700. The direct materials quantity variance was $735 unfavorable. How many units were produced? O O 3,290 units 3,390 units 6,650 units 3,197 units O Fire Corp. is considering the purchase of a new piece of equipment. The equipment costs $51,000, and will have a salvage value of $5,100 after nine years. Using the new piece of equipment will increase Fire's annual cash flows by $6,100. a. What is the payback period for the new piece of equipment? (Round your answer to 2 decimal places.) Payback Period Years b. Suppose that the increase in cash flows were $10,100 in the first year, then decreased by $1,000 each year over the life of the equipment. What is the payback period for the equipment? (Round your answer to 2 decimal places.) Payback Period Years