Gaurav Coal Mining, Inc. is considering opening a strip mine, the cost of which is $17.4 million. Cash flows will be $110.8 million, all coming at the end of one year. The land must be returned to its natural state at a cost of $100 million, payable after two years. Compute the IRR for this project. Should the project be accepted if required rate of return is 8 percent? Should the project be accepted if the required rate of return is 14 percent? Explain your reasoning. At what costs of capital, the project is acceptable. Plot the graph of NPV for this project.

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.