Question 17 (2 points) Cardigan, Inc. is looking at the NPV of a new mixer for its chemical plant. Using the following cost and expected cash flows over the next four years, what is the new mixer's NPV (rounded to the nearest dollar) if the cost of capital is 12%? [You MUST USE a dollar sign and comma in your answer (i.e.) $100,000] The mixer will cost $1,500,000 and will increase future cash flows, as follows: in 2021 by $370,000: in 2022 by $720,000: in 2023 by $800,000; in 2024 by $560,000, and at the end of which, the mixer will be sold for $100,000 Question 20 (2 points) Hot Rod, Inc. produces and sells product X and product Y. They sell 60% of product X and 40% of product Y If this sales mix stays the same and the contribution margin per unit for X is $10 and for Y is $15, what is the weighted average contribution margin? O $10.50 $12.50 $12.00 $15.00 Question 22 (2 points) Cardigan, Inc. is looking at the IRR of a new mixer for its chemical plant. Using the following cost and expected cash flows, what is the IRR of the mixer rounded to the nearest percent if the cost of capital is 12%? [Your answer must be in % format (i.e.) 12%] The mixer will cost $1,500,000 and will increase future cash flows, as follows: in 2021 by $370,000; in 2022 by $720,000; in 2023 by $800,000; in 2024 by $560,000, and at the end of which, the mixer will be sold for $100,000. Da Question 24 (2 points) For a cost to be relevant to short run decision making for managers, it must both pertain to the future and what? Be variable Be different among alternatives Be paid in cash Be fixed Question 26 (2 points) Phillips, Inc. makes two products and has noted a bottleneck in its manufacturing process where both products must be completed on the same machine. Product A has a sales price of $42 and variable costs of $12 per unit. Product B has a sales price of $49 and variable costs of $23 per unit. If Product A uses 1 hour of machine time and Product B uses 1.5 hours machine time on the bottleneck machine, which product is preferable to make the best use of the machine? Both will be the same About half Product A and half product B Product B Product A