Moss corporation had the following transactions. classify each of these transactions by type of cash flow activity (operating, investing, or financing). (hint: refer to illustration 12-1.) 1. issued $160,000 of bonds payable. 2. paid utilities expense. 3. issued 500 shares of preferred stock for $45,000. 4. sold land and a building for $250,000. 5. loaned $30,000 to dead end corporation, receiving dead end’s 1-year, 12% note.

Mordica company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $156,960, $382,800, and $84,640, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,180, machine hours 25,520, and number of inspections 1,840. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection