Halo Company is a calendar-year U. S. firm with operations in several countries. At January 1, 2021, the company had issued 41,300 executive stock options permitting executives to buy 41,300 shares of stock for $26. The vesting schedule is 20% the first year, 30% the second year, and 50% the third year (graded-vesting). The fair value of the options is estimated as follows:
Vesting Date Amount Vesting Fair Value per Option
Dec. 31, 2021 20 % $ 8
Dec. 31, 2022 30 % $ 9
Dec. 31, 2023 50 % $ 13

What is the compensation expense related to the options to be recorded in 2022?
rev: 03_30_2020_QC_CS-206085
Multiple Choice
• $55,755.
• $111,510.
• $145,238.
• $143,173.

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

White company has two departments, cutting and finishing. the company uses a job-order costing system and computes a predetermined overhead rate in each department. the cutting department bases its rate on machine-hours, and the finishing department bases its rate on direct labor-hours. at the beginning of the year, the company made the following estimates: department cutting finishing direct labor-hours 6,000 30,000 machine-hours 48,000 5,000 total fixed manufacturing overhead cost $ 264,000 $ 366,000 variable manufacturing overhead per machine-hour $ 2.00 " variable manufacturing overhead per direct labor-hour " $ 4.00 required: 1. compute the predetermined overhead rate for each department. 2. the job cost sheet for job 203, which was started and completed during the year, showed the following: department cutting finishing direct labor-hours 6 20 machine-hours 80 4 direct materials $ 500 $ 310 direct labor cost $ 108 $ 360 using the predetermined overhead rates that you computed in requirement (1), compute the total manufacturing cost assigned to job 203. 3. would you expect substantially different amounts of overhead cost to be assigned to some jobs if the company used a plantwide predetermined overhead rate based on direct labor-hours, rather than using departmental rates?

Describe the three different ways the argument section of a cover letter can be formatted