You are considering purchasing a CNC machine which costs $250,000. This machine will have an estimated service life of 14 years with a salvage value of $15,000. Its annual operating and maintenance costs are estimated to be $38,000. To expect an 15% rate of return on your investment, what would be the required minimum annual revenues

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.