2.5 points QUESTION 7 1. Indicate in which section of the Statement of Cash Flows the "Issuance of Long Term Debt" would appear in and the impact on cash. Non-Cash Investing Operating Investing Financing and Financing Add Decrease Activities Activities Activities Activity / No impact on Cash 1. 2.5 points QUESTION 8 Indicate in which section of the Statement of Cash Flows the "Decrease in Prepaid Insurance" would appear in and the impact on cash. Non-Cash Investing Operating Investing Financing and Financing Add Decrease Activities Activities Activities Activity / No impact on Cash 2.5 points QUESTION 9 1. Indicate in which section of the Statement of Cash Flows the "Sale of Treasury Stock" would appear in and the impact on cash. Non-Cash Investing Operating Investing Financing and Financing Decrease Activities Activities Activities Activity / No impact on Cash Add 1. 2.5 points QUESTION 10 Instruction: For the following transaction, identify the manufacturing cost (DM, DL or MOH) or non- manufacturing cost classification. Also, indicate whether or not the transaction would result in being reported as a product cost or period cost. Transaction: Lumber was requisitioned from the warehouse to construct cheap housing for the homeless population. Direct Direct Non- Manufacturing Product Period Material Labor [ Manufacturing D Overhead Cost Cost Cost Cost Cost Cost 1. 2.5 points QUESTION 11 Instruction: For the following transaction, identify the manufacturing cost (DM, DL or MOH) or non- manufacturing cost classification. Also, indicate whether or not the transaction would result in being reported as a product cost or period cost. Transaction: Utility costs incurred by carpenters while constructing homes for the homeless population. Direct Direct Non- Manufacturing Product Material Period Labor Manufacturing Overhead Cost Cost Cost Cost Cost Cost