Empire Corporation’s direct labor standards are 2.5 direct l…

Empire Corporation’s direct labor standards are 2.5 direct labor hours per unit of finished goods at a standard rate of $3.75 per hour. Here are data regarding Empire’s production activity for the month of June: What are the actual hours worked during the month of June?

Pampas Industries is considering an investment in new equipm…

Pampas Industries is considering an investment in new equipment. An analysis by management indicates that the required initial investment is $200,000 and the project has a profitability index of 1.25. What is the net present value of this project? Round to the nearest whole dollar and do not enter a dollar sign (e.g., enter 89, not $89.00).

Tech Consulting is considering an investment in new equipmen…

Tech Consulting is considering an investment in new equipment that would allow the company to offer new services to its clients. The equipment costs $550,000, has a useful life of 10 years, and has a salvage value of $90,000. If Tech purchases the new equipment, it can sell its old equipment for $30,000. What annual net cash inflow must be generated by this investment in order to achieve a simple rate of return of 12%?