Tombstone Industries is considering a new product expansion. The project will require the firm to use an old piece of equipment that could otherwise be sold today. Currently, the old piece of equipment has a market value of $200,000, and has a book value of $100,000. The tax rate facing the firm is 34%, and the cost of capital is 18%. What is the opportunity cost today for accepting this project

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is: