Firm XYZ just sold 50,000 shares of stock in an IPO at $30. Immediately after listing, the stock price jumped to $35. The underwriter's fees were $50,000. What was the total cost of the issue, including both the underwriting fees as well as the implicit costs of the underpricing? Do not include the dollar sign in your final answer

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were: