Changes in the net working capital: Question 13 options: can only affect the initial and the final cash flows of a project. can affect the cash flows of a project every year of the project's life. only affect the initial cash flows of a project. are included in project analysis only if they represent cash outflows. are generally excluded from project analysis due to their irrelevance to the total project.

Harris fabrics computes its predetermined overhead rate annually on the basis of direct labor-hours. at the beginning of the year, it estimated that 34,000 direct labor-hours would be required for the period’s estimated level of production. the company also estimated $599,000 of fixed manufacturing overhead expenses for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour. harris's actual manufacturing overhead for the year was $768,234 and its actual total direct labor was 34,500 hours. required: compute the company's predetermined overhead rate for the year. (round your answer to 2 decimal places.)