Business, 30.10.2019 00:31 brooklynunderwood46
Satellite systems modified its model z2 satellite to incorporate a new communication device. the company made the following expenditures: basic research to develop the technology $3,900,000 engineering design work 1,180,000 development of a prototype device 590,000 testing and modification of the prototype 390,000 legal fees for patent application 79,000 legal fees for successful defense of the new patent 39,000 total $6,178,000during your year-end review of the accounts related to intangibles, you discover that the company has capitalized all the above as costs of the patent. management contends that the device represents an improvement of the existing communication system of the satellite and, therefore, should be capitalized.4.value: 1.92 pointsrequired informationrequired: 1. determine the amount satellite systems should capitalize to the patent account in the balance sheet. hintsreferencesebook & resourceshint #1check my work5.value: 1.92 pointsrequired information2. determine the amount satellite systems should report as research and development expense in the income statement. hintsreferencesebook & resourceshint #1
Answers: 2
Business, 22.06.2019 01:40, dperdomo0015
Costs of production that do not change when output changes. question 17 options: total revenuefixed incometotal costfixed cost
Answers: 1
Business, 22.06.2019 04:10, octaviangh14
You are head of the schwartz family endowment for the arts. you have decided to fund an arts school in the san francisco bay area in perpetuity. every 5 years, you will give the school $ 1 comma 000 comma 000. the first payment will occur 5 years from today. if the interest rate is 5.9 % per year, what is the present value of your gift?
Answers: 1
Business, 22.06.2019 12:50, emarquez05
Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?
Answers: 2
Satellite systems modified its model z2 satellite to incorporate a new communication device. the com...
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