The UCC requires that HDCs take instruments in good faith. This means that: a. the holders must have performed a special oath before taking the instrument. b. the holders must be assured that the instrument has no defects. c. the holders must be aware that the instrument is defective. d. the holders must have acted honestly and observed all reasonable commercial standards of fair dealing.

Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?