Department s had no work in process at the beginning of the period. it added 14,600 units of direct materials during the period at a cost of $102,200. during the period, 11,000 units were completed, and 3,600 units were 35% completed as to labor and overhead at the end of the period. all materials are added at the beginning of the process. direct labor was $78,464, and factory overhead was $36,780.

Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 10 percent, and that the maximum allowable payback and discounted payback statistics for the project are three and a half and four and a half years, respectively. use the irr decision to evaluate this project; should it be accepted or rejected