The Statement of Cash Flows for the Current Year Contained

question 203

Multiple Choice

The Statement of Cash Flows for the current year contained the following: The change in cash for the current year was an increase of $14,000.
What was the amount of cash flows from (used in) investing activities?

• A)($1,000)
• B)($40,000)
• C)($10,000)
• D)$10,000

---

Definitions:

Unit Product Cost

The total cost (direct materials, direct labor, and manufacturing overhead) divided by the number of units produced.

Machine-Hours

Machine-hours represent a measure of production time, indicating the total hours a machine is operated in the manufacturing process of goods.

Variable Manufacturing Overhead

Costs that vary with the level of production output and are related to manufacturing the product but not directly traceable to specific units of product.

Job J

Likely a specific reference to a job or project within a company, requiring a definition based on its context.