How would you solve this equation ? During 2020, LAMP Enterprises bought machinery costing $90,000. LAMPCompany expected to receive annual inflows of $24,000 for the next five years withno salvage value at the end of five years. LAMP had a minimum rate of return (ordiscount rate) of 8%. For blank one, indicate the payback period in years. For blanktwo, indicate to the nearest percent the internal rate of return (it is CONCEIVABLEthat I might accept two rates on manual regrade). For blank three, based on yourinternal rate of return calculation, should be project (if capital rationing does notapply) be accepted?Blank # 1Blank # 2Blank # 3 For variable overhead, actual cost times actual quantity (or actual cost) equals$16,500; standard cost times actual quantity (or "budgeted" cost) equals $16,800and standard cost times standard quantity [allowed] (or standard cost) equals$16,200. The variable overhead cost (or spending) variance would be:O $300 unfavorableO $600 favorableO $300 favorableO $600 unfavorable

Dear student, since you have posted two different questions at a time, only one question ( second…

For variable overhead, actual cost times actual quantity (or actual cost) equals $16,500; standard cost times actual quantity (or "budgeted" cost) equals $16,800 and standard cost times standard quantity [allowed] (or standard cost) equals $16,200. The variable overhead cost (or spending) variance would be: $300 unfavorable $600 favorable O $300 favorable $600 unfavorable

For variable overhead, actual cost times actual quantity (or actual cost) equals $16,500; standard cost times actual quantity (or "budgeted" cost) equals $16,800 and standard cost times standard quantity [allowed] (or standard cost) equals $16,200. The variable overhead cost (or spending) variance would be: $300 unfavorable $600 favorable O $300 favorable $600 unfavorable

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter10: Capital Budgeting: Decision Criteria And Real Option

Section: Chapter Questions

Problem 4P

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