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Trimble Tree Farm is considering the purchase of new upkeep equipment totaling $135,000 in cost....

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Accounting

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Trimble Tree Farm is considering the purchase of new upkeep equipment totaling $135,000 in cost. The equipment would save $25,000 of cost annually for its life of 12 years. At the end of 12 years, the equipment would have no salvage value. The required rate of return on the investment is 8%. What is the payback period of the Trimble's proposed investment? J hp Hanson Inc. has the following material standard to manufacture one unit of product: 1.9 pounds per Unit at $4.00 per pound Last week, 2,800 pounds of material were purchased at a total cost of $10,920, and 1,700 pounds were used to make 1,000 units. What was Hanson's direct material quantity variance for the week? O 10

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