1. the murphy corp. had the following information available for the year. what is Murphy's cost of direct material?

direct material purchased 40000 manufacturing overhead 33000

beginning ending work in process inventory 10000 15000 finished goods inventory 21000 17000 Direct material inventory 5000 8000

1) 53000 2) 13000 3) 37000 4) 40000

2. an increase in the cost driver activity results in

1) an increase in fixed cost per unit of cost driver 2) an unchanged fixed cost per unit of cost driver 3) a proportionate increase in total fixed costs. 4) a decrease in fixed cost per unit of cost driver.