A company is considering two projects. Project I Project II Initial investment $120,000 $120,000 Cash inflow Year 1 $40,000 $20,000 Cash inflow Year 2 $40,000 $20,000 Cash inflow Year 3 $40,000 $32,000 Cash inflow Year 4 $40,000 $48,000 Cash inflow
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Records at Hal's Accounting Services show the following costs for year 1. Direct materials and supplies $ 41,000 Employee costs 2,700,000 Total overhead 1,280,000 Production was 45,000 billable hours. Fixed overhead was $700,000.
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