Consider the following linear mixed-cost function: Y = $72,000 + $7.70X Where: Y = total annual maintenance cost X = number of patient-days What does the $72,000 represent? A) variable cost per patient-day B) fixed cost per patient-day C) total variable cost D) total fixed cost Cash collections of Accounts Receivable will increase and decrease OA) Cash; Accounts Receivable B) Accounts Receivable; Accounts Payable C) Cash; Accounts Payable D) Accounts Payable; Accounts Receivable FAST Company allocates indirect manufacturing costs on the basis of direct-labor cost. The following is data concerning 2020: Direct materials........ Direct labor costs........ Indirect Manufacturing costs............ Direct labor hours.......... $55,000 $40,000 ..$250,000 ..25,000 Calculate the following: Indirect manufacturing allocation rate. AJ Cat Company makes metal signs for businesses and residences. These signs are made of sheet metal, which the owner paints by hand. The owner is concerned that he does not have a good measure of support costs for the signs. Close investigation of the business reveals that $10 per direct labor hour is a more plausible and reliable support cost measure. Cat Company has the following information available: Materials cost Direct labor hours Small Sign Large Sign $300 $700 5 11 Using direct labor hours as the cost driver, what amount of support costs is assigned to the small sign? QA) $110 B) $160 C) $200 OD) $50