13) The following data pertain to Polar Company’s commercial snow thrower: Variable manufacturing cost $400Applied fixed manufacturing cost 160 Variable selling and admin cost 60Allocated fixed selling and admin cost 25 Required: For each of the following cost bases, determine the appropriate percentage markup that will result in a price of $980 for the snow thrower. (Round percentages to nearest one-hundredth of a percent.) (A.) Variable manufacturing cost. (B.) Absorption manufacturing cost. (C.) Total cost. (D.) Total variable cost. 25) Lone Star has completed the following unit cost for the year just ended: Direct material used $12 Direct labor 18 Variable manufacuring overhead 25 fixed manufactuing overhead 29 Variable selling and admin cost 10 Fixed selling and admin cost 17 Under variable costing, each unit of the company’s inventory would be carried at: A $35 B $55 C.$65 D.$84 E. some other amount 18) Adams Company can acquire $750,000 machine now that will benefit the firm over the next 8 years. Annual savings in cash operating costs are expected to total 140,000. If the hurdle rate is 10%, the investment’s net present value is: A) $(226,960). B) $(3,100) C) $65,150 D) $370,000 E) Some other amount 20) Paulsen is considering the acquisition of a $217,750 machine that is expected to produce annual savings in cash flow operating costs of $50,000 over the next six years. If Paulsen uses the internal rate of return to evaluate new investments and the firm has a hurdle rate of 12% which of the following statements is correct? A) The machine’s IRR is less than 4%, and the machine should not be acquired B) The machine’s IRR is approximately 10%, and the machine should not be acquired C) The machine’s IRR is approximately 10%, and the machine should be acquired D) The machine’s IRR is approximately 12%, and the machine should be acquired E) All of the preceding statements are false. 21) Harrison township is studying 700-acre site for a new landfill. The new site will save $70,000 in annual oppereating costs for ten years, as Harrison currently uses the landfill of a neighboring municipality. Other data are: Purchase price per acre: $550 Site preparation costs: $110,000 Hurdle rate: 6% Ignore income taxes. Required: A)Use the net-present-value method and determain whether the landfill should be acquired b)Deteramin the landfills approximate internal rate of return. 26) Prescott corporation has computed the following unit costs for the year just ended: Direct material used $18 Direct labor 27 Variable manufacuring overhead 30 fixed manufactuing overhead 32 Variable selling and admin cost 9 Fixed selling and admin cost 17 Under absorbtion costing, each unit of the companys inventory would be carried at: A) $75 B) $107 C) $116 D) $133 E) Some other amount