L3 Manufacturing currently produces 2,000 units per month. The current per unit cost data (at the production level of 2,000 units) is as follows: Direct materials $15 Direct labor 10 Variable manufacturing overhead 5 Fixed manufacturing overhead 10 The plant has capacity for 5,000 units and is considering expanding production to 4,000 units. What is the total cost of producing 4,000 units

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e.g. $2.55.) diluted earnings per share