The law requires that the proceeds from a home equity loan be used only for the renovation of a single family dwelling

Maria Company showed the following information in its Statement of Cash Flows for 2004: Cash Flows from Financing Activities $114,000 Cash Flows from Investing Activities (82,000) Net Increase in Cash 154,000 Determine the Cash Flows from Operating Activities:

A) $186,000 B) $42,000 C) $122,000. D) $350,000 E) Cannot be determined

Bag Ladies, Inc manufactures two kinds of bags—totes and satchels

The company allocates manufacturing overhead using a single plantwide rate with direct labor cost as the allocation base. Estimated overhead costs for the year are $25,500. Additional estimated information is given below. Totes Satchels Direct materials cost per unit $34 $40 Direct labor cost per unit $54 $64 Number of units 530 390 Calculate the amount of overhead to be allocated to Totes. (Round any percentages to two decimal places and your final answer to the nearest dollar.) A) $472 B) $347 C) $11,878 D) $13,620