Answer:
$1,000
Explanation:
Whenever an option is provided to an employee for stock purchase then the cost of such option is the price at which the issue is offered.
Accordingly the actual amount paid to acquire the issue is the cost to acquire such issue.
Thus, the issue granted = 10 stock options
Each option has 10 shares.
Thus, total number of shares offered = 10
10 =100
The strike price for issue = $10 for each share.
Actual cost = Strike Price
Number of shares = $10
100 = $1,000.
Answer:
Investors most commonly buy and trade stock through brokers. You can set up an account by depositing cash or stocks in a brokerage account. Firms like Charles Schwab and Citigroup's Smith Barney unit offer brokerage accounts that can be managed online or with a broker in person.
Answer:
a. $437,200
Explanation:
Direct material Cost $117,700
Direct Labor $153,800
Manufacturing Overhead <u>$183,600</u>
Total manufacturing Cost $455,100
- Ending Work-in-Process <u>$17,900 </u>
Cost of Goods Manufactured <u>$437,200</u>
So, The cost of Goods manufactured was $437,200.