A company has issued 100,000 options of which 50,000 are "in the money at an average exercise price of $15.00. The Company’s stock price is $25.00 per share. How many shares are dilutive and would affect the Company’s EPS calculation. Please show the calculation.

Levine inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product. direct materials (9 pounds at $1.80 per pound) $16.20 direct labor (6 hours at $14.00 per hour) $84.00 during the month of april, the company manufactures 270 units and incurs the following actual costs. direct materials purchased and used (2,500 pounds) $5,000 direct labor (1,660 hours) $22,908 compute the total, price, and quantity variances for materials and labor.