A division manager is choosing between two mutually exclusive projects. 
The company requires any project to earn at least 12 percent.The manager believes that cash inflows from the project can be reinvested at the rate of 12 percent.Which project will the manager likely choose?
Definitions:
Cost Standards
Cost standards refer to pre-determined costs for products, operations, or projects, used as benchmarks for measuring actual performance or costs.
Accountants
Professionals who perform accounting, auditing, and other financial operations for businesses or individuals.
Spoilage
The portion of raw materials or inventory that becomes unusable or unsellable during production.
Machine Breakdowns
Instances when machinery or equipment fails to operate, causing interruptions in production or operations.
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