The compensation cost to be recognized for the year and journal entry of it. Given Information: Number of shares granted is 10. Number of employees is 1,200. Exercise price of the shares is $45. Fair value at the grant date is $83. Vesting period is 3 years. Vesting probability is 100% in each year.

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Answer 1

Question

Chapter 19, Problem 19.3P

a.

To determine

To calculate: The compensation cost to be recognized for the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 100% in each year.

b.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

c.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

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Chapter 17 Homework 12 1.42 points Saved Help Save & Exit Submit Check my work Exercise 17-11 (Algo) Computing product cost per unit using plantwide method and activity-based costing LO P1, P3 Consider the following data for two products of Vigano Manufacturing. Activity Budgeted Cost Activity Driver eBook Machine setup Parts handling Quality inspections Hint Total budgeted overhead $ 25,000 (20 machine setups) 20,000 (16,000 parts) 30,000 (100 inspections) $ 75,000 Unit Information Product A Units produced 2,500 units Ask Direct materials cost $ 35 per unit Product Bi 500 units $ 45 per unit $ 55 per unit 2 per unit $ 65 per unit 2.50 per unit Print References Direct labor cost Direct labor hours 1. Using a plantwide overhead rate based on 6,250 direct labor hours, compute the total product cost per unit for each product. 2. Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost, (a) compute overhead activity…

Answer 2

Question

Chapter 19, Problem 19.3P

a.

To determine

To calculate: The compensation cost to be recognized for the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 100% in each year.

b.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

c.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

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Answer 3

Question

Chapter 19, Problem 19.3P

a.

To determine

To calculate: The compensation cost to be recognized for the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 100% in each year.

b.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

c.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

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Answer 4

Question

Chapter 19, Problem 19.3P

a.

To determine

To calculate: The compensation cost to be recognized for the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 100% in each year.

b.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

c.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

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Answer 5

Chapter 19, Problem 19.3P

a.

To determine

To calculate: The compensation cost to be recognized for the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 100% in each year.

b.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

c.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

Answer 6

Chapter 19, Problem 19.3P

a.

To determine

To calculate: The compensation cost to be recognized for the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 100% in each year.

Answer 7

Chapter 19, Problem 19.3P

a.

To determine

To calculate: The compensation cost to be recognized for the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 100% in each year.

Answer 8

b.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

Answer 9

b.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

Answer 10

c.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

Answer 11

c.

To determine

The compensation expense for end of the year and journal entry of it.

Given Information:

Number of shares granted is 10.

Number of employees is 1,200.

Exercise price of the shares is $45.

Fair value at the grant date is $83.

Vesting period is 3 years.

Vesting probability is 80% in first year.

Vesting probability is 65% in second year.

Vesting probability is 75% in third year.

Answer 12

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Answer 13

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Answer 15

Ch. 19 - What is the allocation period used to expense...Ch. 19 - How do companies account for stock-based...Ch. 19 - Do companies with equity-based compensation plans...Ch. 19 - When accounting for employee stock options, will a...Ch. 19 - Prob. 19.5Q Ch. 19 - Prob. 19.6Q Ch. 19 - Prob. 19.7Q Ch. 19 - Prob. 19.8Q Ch. 19 - Prob. 19.9Q Ch. 19 - Prob. 19.10Q

The compensation cost to be recognized for the year and journal entry of it. Given Information: Number of shares granted is 10. Number of employees is 1,200. Exercise price of the shares is $45. Fair value at the grant date is $83. Vesting period is 3 years. Vesting probability is 100% in each year.

Solution Summary: The author calculates the compensation cost to be recognized for the year and journal entry of it. Journalizing is the process of recording the transactions of an organization in a chronological order.

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