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Windsor recently invested in a project with a 3-year life span. The net present value...

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Accounting

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Windsor recently invested in a project with a 3-year life span. The net present value was $7200 and annual cash inflows were $20000 for year 1; $22000 for year 2; and $24000 for year 3. The initial investment for the project, assuming a 15% required rate of return, was PV of an Annuity Present Value of 1 at 15% Year of 1 at 15% 1 0.870 0.870 2 1.626 0.756 0.658 3 2.283 $36228. $41676. $42624. $50220. The direct materials budget shows: 4000 Units to be produced Total pounds needed for production Total materials required 8000 8900 What are the direct materials per unit? 2.00 pounds Cannot be determined from the data provided 0.23 pounds 2.23 pounds A company determined that the budgeted cost of producing a product is $30 per unit. On June 1, there were 83000 units on hand, the sales department budgeted sales of 340000 units in June, and the company desires to have 120000 units on hand on June 30. The budgeted cost of goods sold for June would be $12690000. $11310000. $9090000. $10200000. In applying the high-low method, what is the unit variable cost? Month Total Miles Cost January 74000 $112000 February 50000 100000 March 64000 108000 April 90000 150000 $1.67. $1.25. $2.00. Cannot be determined from the information given

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