Problem 1 Discussion Questions Dealing with a Variety of Issues; Master Budgets Net Present Value and Depreciation Flexible Budgets (15total points 3 points each)Problem 2 Standard Costs & Variance Analysis (18total points 3 points each):Problem 3 Capital Budgeting Net Present Value Internal Rate of ReturnProblem 4 Analysis and Significance of Various Ratios (18total points 6 points each)Problem 5 Outside Suppliers Contribution Margin Break-Even Point Relevant Range Investment Centers Return on Investment (ROI) and Transfer Prices (24total points 3 points each)Problem 6 Statement of Cash Flow (10 points