The evans corporation reported the following cost information for the production of 84,000 units: (a) direct materials of $400,000, (b) direct labor of $200,000, (c) administrative costs of $60,000, (d) overhead costs of $600,000 and (e) selling costs of $70,000. if the company sold 34,000 units, what total dollar amount would it report as cost of goods sold? round your final answer to the nearest whole dollar.

The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.