An investment bank agreed to underwrite an issue of 18,000,000 shares of stock for GKF Company on a firm commitment basis. The bank paid the corporation $13.45 per share. It then sold the 18,000,000 shares to the public for $15.87 per share. (3 points each) a. How much money did GKF Company receive

Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to: