Rory Company has a machine with a book value of $121.000 and a remaining five-year useful life. A new machine is available at a cost of $119,500, and Rory can also receive $68,000 for trading in its old machine. The new machine will reduce variable manufacturing costs by $21000 per year over its five-year useful life. Calculate the incremental income (Any losses or outflows should be entered with a minus sign.) Incremental Income From Replacing Machine Incremental income incremental cost) Tercer reports the following for one of its products. Direct materials standard (10 lbs. @ $6 per lb.) Actual finished units produced Actual cost of direct materials used $ 60 per finished unit 100,000 units $6,038,000 Compute the total direct materials cost variance and classify it as favorable, unfavorable or no variance. Direct materials cost variance USA Airlines uses the following performance measures. Classify each of the performance measures below into the most likely balanced Scorecard perspective it relates to. Select your answers using C(customer), P (internal process) / (innovation and growth), or F(financial) 1 Customer complaints 2. Cost of leasing airport gates 3. Employee diversity training sessions completed 4 Number of days with no employee injuries 5. Customer survey ratings 6. Market value 7. Percentage of ground crew trained 8. Lost baggage claims 9 Number of calls to customer service 10. Revenue per seat 11. Flight attendant training sessions attended 12 Gallons of fuel used 13. Percentage of late flights 14 Cost of leasing airplanes Required information The following information applies to the questions displayed below) Most Company has an opportunity to invest in one of two new projects Project Y requires a $320,000 investment for new machinery with a six-year life and no salvage value. Project Z requires a $320,000 investment for new machinery with a five year life and no salvage value. The two projects yield the following predicted annual results. The company uses straight-line depreciation, and cash flows occur evenly throughout each year. (PV of $1. FV of S1, PVA Si, and FVA OS1 (Use appropriate factor(s) from the tables provided.) Project Project $350,000 $280,000 Sales Expenses Direct materials Direct labor Overhead including depreciation selling and administrative expenses Total expenses Pretax income Income taxes (26%) Net income 49,000 70,000 126,000 25,000 270,000 80,000 20, 800 $ 59, 280 35,000 42,000 126,000 25,000 220.000 52,000 13,520 $ 38,480 Required: 1. Compute each project's annual expected net cash flows. Project Y Project 2