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return is 12%, the net present value of the project was sa,800). Annual cost savings were: $20,000 for year 1; $16,000 for year 2; and
return is 12%, the net present value of the project was sa,800). Annual cost savings were: $20,000 for year 1; $16,000 for year 2; and $12,000 for year 3. The amount of the 32. Benaflek Co. purchased some equipment 3 years ago. The company's required rate of PV of an Annuity Present Value of Lat 12% 893 Yeat 893 1.690 2.402 712 A) $36,632. B) $37,356. C) $40,956. D) $40,232. 33. Lark Corp.'s direct materials budget shows total cost of direct materials purchases for January S250,000, February $300,000 and March S350,000. Cash payments are 60% in the month of purchase and 40% in the following month. The budgeted cash payments for March are A) $260,000. B) $300,000. C) $330,000. D) $320,000. 34. In incremental analysis, only fixed costs are relevant. only variable costs are relevant. all costs are relevant if they change between alternatives. costs are not relevant if they change between alternatives. A) B) C) D) 35. Which of the following stages of the management decision-making process is improperly sequenced? A) Identify the problem Determine possible courses of action. B) Assign responsibility for decisionDetermine possible courses of action. C) Assign responsibility for the decision-+Identify the problem. D) Evaluate possible courses of action-+Make decision. Page 8
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