An online medicaladvice company just completed an ipo with an investment bank on a firm-commitment basis. the firm issued 5 million shares of common stock, and the underwriting fees were $2.10 per share. the offering price was $27.90 per share. what were the total proceeds from the common-stock sale?

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is: