The following information is provided for Miller Corporation: Common stock, $10 par$340,000 Bonds payable28,000 Additional paid-in capital from preferred stock conversion3,000 Retained earnings100,000 Additional paid-in capital on preferred stock10,000 Common stock subscribed30,000 Accumulated other comprehensive income5,600 Premium on bonds payable2,000 Preferred stock, 6%, $100 par80,000 What is the amount of contributed capital for Miller Corporation

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be: