Larry Nelson holds 1,000 shares of General Electric (GE) common stock.

Larry holds 2,000 shares of common stock in a company that only has 20,000 shares outstanding. The company's stock currently is valued at $41.00 per share. The company needs to raise new capital to invest in production. The company is looking to issue 5,000 new shares at a price of $32.80 per share. Larry worries about the value of his investment. Larry's current investment in the company is .

Vintage fun reproduces oldminusfashioned style roller skates and skateboards. the annual production and sales of roller skates is 950 units, while 1,750 skateboards are produced and sold. the company has traditionally used direct labor hours to allocate its overhead to products. roller skates require 2.5 direct labor hours per unit, while skateboards require 1.25 direct labor hours per unit. the total estimated overhead for the period is $114,300. the company is looking at the possibility of changing to an activityminusbased costing system for its products. if the company used an activityminusbased costing system, it would have the following three activity cost pools: the overhead cost per skateboard using the traditional costing system would be closest to: a. $9.31. b. $65.31. c. $25.05. your answer is not correct.d.