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the pany can get back the investment.The Net Present Value is £ 64,800. It indicates that the project does not appear to be financially viable.ConclusionPart B This project is available because the payback is .But the Net Present Value (NPV) is negative. So the project is not available.However, we should use the conclusion of the Net Present Value because the Net Present Value (NPV) considered the time value of money. RemendationsPart ARemendations for management action: 1. All the variances should be analysis because all of them are above 3%, the level of significance.2. Particularly, the direct labour variances need further investigation – why is the pany paying a higher wage rate but the labour productivity is lower than planned.Part B1. To consider the effect of the new facilities on pany’s own staff – in terms of employment and redeployment opportunities.2. To consider any changes in any other areas, like social, political, economic, legal and technological factors.3. Whether it is possible for the pany to raise the sufficient funds – to consider if the current cash flow position can support such an investment.AppendixPart A 1 Tricol plc Flexed Budget for June