On november 1, arvelo corporation had $32,000 of raw materials on hand. during the month, the company purchased an additional $78,000 of raw materials. during november, $95,000 of raw materials were requisitioned from the storeroom for use in production. these raw materials included both direct and indirect materials. the indirect materials totaled $3,000.prepare journal entries to record these events. use those journal entries to answer the following questions: the debits to the manufacturing overhead account as a consequence of the raw materials transactions in november total: $95,000 $3,000 $0 $92,000

Which of the following actions would be most likely to reduce potential conflicts of interest between stockholders and managers? a. change the corporation's formal documents to make it easier for outside investors to acquire a controlling interest in the firm through a hostile takeover. b. eliminate a requirement that members of the board of directors must hold a high percentage of their personal wealth in the firm's stock. c. for a firm that compensates managers with stock options, reduce the time before options are vested, i.e., the time before options can be exercised and the shares that are received can be sold. d. pay managers large cash salaries and give them no stock options. e. beef up the restrictive covenants in the firm's debt agreements.