Beckner Inc. is a job-order manufacturer. The company uses a predetermined overhead rate based on direct labor hours to apply overhead to individual jobs. For 2010, estimated direct labor hours are 133,000 and estimated factory overhead is $784,700. The following information is for September 2010. Job X was completed during September, while Job Y was started but not finished. September 1, inventories:
Materials $24,000
Work-in-process (All Job X) 53,400
Finished goods 105,600
Materials purchases $157,000
Direct materials requisitioned:
Job X $74,000
Job Y 68,000
Direct labor hours
Job X 7,000
Job Y 5,500
Labor costs incurred:
Direct labor ($6.00 per hour) $75,000
Indirect labor 24,200
Factory supervisory salaries 11,100
Rental costs:
Factory $9,300
Administrative offices 3,200
Total equipment depreciation costs:
Factory $10,400
Administrative offices 2,800
Indirect materials used $17,800

The total ending work-in-process for September is:

Cardinal company is considering a project that would require a $2,725,000 investment in equipment with a useful life of five years. at the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000. the company’s discount rate is 14%. the project would provide net operating income each year as follows: sales $2,867,000 variable expenses 1,125,000 contribution margin 1,742,000 fixed expenses: advertising, salaries, and other fixed out-of-pocket costs $706,000 depreciation 465,000 total fixed expenses 1,171,000 net operating income $571,000 1. which item(s) in the income statement shown above will not affect cash flows? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) (a)sales (b)variable expenses (c) advertising, salaries, and other fixed out-of-pocket costs expenses (d) depreciation expense 2. what are the project’s annual net cash inflows? 3.what is the present value of the project’s annual net cash inflows? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 4.what is the present value of the equipment’s salvage value at the end of five years? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 5.what is the project’s net present value? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.)