You are considering making an investment. The initial payment for the investment is $1000. In the second year, you will receive $3500, in the third year you will have to pay $2000, in the fourth year you will receive $6000, and in the fifth year you have to pay $6500. The rate of return is 5%. What is the present value of this investment

Scoresby co. uses 6 machine hours and 2 direct labor hours to produce product x. it uses 8 machine hours and 16 direct labor hours to produce product y. scoresby's assembly and finishing departments have factory overhead rates of $240 per machine hour and $160 per direct labor hour, respectively. how much overhead cost will be charged to the two products? a. product x = $1,440; product y = $2,560 b. product x = $1,760; product y = $4,480 c. product x = $3,200; product y = $9,600 d. product x = $800; product y = $800