American optical corporation provides a variety of share-based compensation plans to its employees. under its executive stock option plan, the company granted options on january 1, 2018, that permit executives to acquire 4 million of the company’s $1 par common shares within the next five years, but not before december 31, 2019 (the vesting date). the exercise price is the market price of the shares on the date of grant, $14 per share. the fair value of the 4 million options, estimated by an appropriate option pricing model, is $3 per option. no forfeitures are anticipated. ignore taxes.1. determine the total compensation cost pertaining to the options.2. prepare the appropriate journal entries. (if no entry is required for a particular transaction, select "no journal entry required" in the first account field. enter your answers in millions (i. e., 10,000,000 should be entered as

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000

At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:

Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above