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Stock Appreciation Rights: Excess of market price of the share over the pre established price on the exercise date is called share appreciation. Stock appreciation rights gives an employee the right to receive compensation equal to the appreciation in the share. The accounting of these rights is based on how the company classifies this right: as a liability or as equity.
To prepare: To prepare
Given Information: Pre established price: $30.
SARs: 30,000.
Period is 4 years.
Fair value: $6 per SAR on December 31, 2014;
: $9 on December 31, 2015;
:$15 on December 31, 2016;
: $6 on December 31, 2017;
:$18 on December 31, 2018.
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Chapter 16 Solutions
Intermediate Accounting, Binder Ready Version
- Unit costs for materials and conversion cost amount to $5 and $6 respectively. The ending work in process costs for 10,000 units (100% result as to material and 75% result as to conversion costs) amount toarrow_forwardPlease give me true answer this financial accounting questionarrow_forwardNeed answerarrow_forward
- Variable manufacturing overhead:0.70, fixed manufacturing overhead:5.85arrow_forwardQuick answer of this accounting questionsarrow_forwardRedmond Manufacturing has the following data: direct labor $240,000, direct materials used $195,000, total manufacturing overhead $220,000, and beginning work in process $30,000. Compute total manufacturing costs and total cost of work in process.arrow_forward
- Financial accounting questionarrow_forwardRedmond Manufacturing has the following data: direct labor $240,000, direct materials used $195,000, total manufacturing overhead $220,000, and beginning work in process $30,000. Compute total manufacturing costs and total cost of work in process. Answer this Questionarrow_forwardPlant-wide predetermined overhead ratearrow_forward
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- Horngren's Cost Accounting: A Managerial Emphasis...AccountingISBN:9780134475585Author:Srikant M. Datar, Madhav V. RajanPublisher:PEARSONIntermediate AccountingAccountingISBN:9781259722660Author:J. David Spiceland, Mark W. Nelson, Wayne M ThomasPublisher:McGraw-Hill EducationFinancial and Managerial AccountingAccountingISBN:9781259726705Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting PrinciplesPublisher:McGraw-Hill Education
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