QUESTION 21 Periods Present Value of an Annuity of 1 89 99 10% 926 917 909 1.783 1.759 1.736 2577 2.531 2.487 2 3 A company has a minimum required rate of return of 9. It is considering investing in a project that costs $50.000 and is expected to generate cash inflows of $30,000 at the end of each year for two years. The profitability index for this project is O A 1.01 B. 1.05 OC..70 OD. 1.52 QUESTION 22 The standards for direct materials are 4 yards at $10 per yard to build each tent. During April the company produced 5.000 tents using 22,000 yards of material costing 5209.000. What was the direct materials price variance for April? O A $11,000 favorable 0.8.520,000 unfavorable OC 511.000 unfavorable OD.520,000 favorable. Click