An australian-based energy drink manufacturer plans to expand its international markets to the untapped east-asian region. the company expects that the expansion will bring additional net income of $30 million in the first year of the operation and amounts increasing by $4.5 million for the next 8 years. what is the annual equivalent amount of the net income at an interest rate of 13% per year?

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.