Question 18 2 pts XYZ Company produces three products: A, B, and C. Product A has a contribution margin of $20 and requires 1 hour of machine time. Product B has a contribution margin of $30 and requires 2 hours of machine time. Product C has a contribution margin of $36 and requires 1.5 hours of machine time. If machine hours are considered scarce, in what product mix order should XYZ Company schedule the production of Products A, B, and C for the available machine hours? First A, then B, then C. First C, then A, then B. First C, then B, then A. First B, then C, then A. Question 27 2 pts If an asset costs $16,000, has an expected useful life of 8 years, is expected to have a $2,000 salvage value and generates net annual cash inflows of $2,000 a year, the cash payback period is 8 years. O 7 years. 6 years. O 5 years. Question 29 2 pts In a capital budgeting decision, if a firm uses the net present value method and a 12% discount rate, what does a negative net present value indicate? The proposal's rate of return exceeds 12%. The proposal's rate of return is less than the minimum rate required. The proposal earns a rate of return between 10% and 12%. None of the above. Question 30 2 pts Boccardi Inc., has invested in new pasta manufacturing equipment at a cost of $48,000. The equipment has an estimated useful life of eight years. Estimated annual sales and operating expenses related to the pasta equipment follow: Annual sales 88,000 Labor costs (72,000) Depreciation of equipment (6,000) Operating income = 10,000 Income taxes (4,000) Net income = 6,000 The estimated accounting rate of return is: 12.5% 18.0% 25.0% 33.0%