Blue Corporation's standards call for 6,650 direct labor-hours to produce 1,900 units of product. During May 1,600 units were produced and the company worked 1,800 direct labor-hours. The standard hours allowed for May production would be: 1,800 hours 6,650 hours 5,600 hours 5,050 hours

2)

The following events occurred last year at Dorder Corporation:

Purchase of plant and equipment	$69,000
Sale of long-term investment	$51,000
Dividends received on long-term investments	$25,500
Paid off bonds payable	$56,500
Depreciation expense	$26,000

Based on the above information, the cash provided (used) by investing activities for the year on the statement of cash flows would net to:

$(26,000)

$(18,000)

$(56,500)

$(75,000)