You are given the following year-end prices for a nondividend-paying stock: Year Stock Price ($/share) 2005 405.62 2006 342.65 2007 396.62 2008 454.23 2009 526.27 Assume that the stock price follows a lognormal distribution. Estimate the parameters of the lognormal distribution and use those parameters to calculate the expected stock price at the end of year 2010 based on the stock price at the end of year 2009.

Schonhardt corporation's relevant range of activity is 2,500 units to 5,500 units. when it produces and sells 4,000 units, its average costs per unit are as follows: averagecost per unitdirect materials $ 7.60direct labor $ 2.90variable manufacturing overhead $ 1.65fixed manufacturing overhead $ 2.90fixed selling expense $ 0.95fixed administrative expense $ 0.65sales commissions $ 0.75variable administrative expense $ 0.65if 4,500 units are produced, the total amount of fixed manufacturing cost incurred is closest to: multiple choicea $16,800b $11,400c $11,600d $15,400