Question 1 Bin Company has a direct labor standard of 10 hours per unit of output. Each employee has a standard wage rate of $10 per hour. During May, employees worked 13,000 hours. The direct labor rate variance was $9,100 favorable; the direct labor efciency variance was $15,000 unfavorable. How many units were produced? Question 3 4 pts Takashi Ltd has a budget of $600,000 cash and is considering the following three independent projects: Project A Project B Project C Initial investment $100,000 $500,000 $160,000 Discounted future cash flow $110,000 $520,000 $169,000 Net present value $10,000 $20,000 $9,000 Cost of capital 10% 12% 8% Which of the following is correct? O Takashi Ltd should invest in projects A and C. Takashi Ltd should invest in projects A and B. Takashi Ltd should invest in projects A, B, and C. Takashi Ltd should invest in project B only