subject
Business, 05.05.2020 05:33 kaykardash

In February 2021, Culverson Company began developing a new software package to be sold to customers. The software allows people to enter health information and daily eating and exercise habits to track their health status. The project was completed in November 2021 at a cost of $1,500,000. Of this amount, $540,000 was spent before technological feasibility was established. Culverson expects a useful life of two years for the new product and total revenues of $1,740,000. Determine the amount that Culverson should capitalize as software development costs in 2021.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 20:30, bigJ4864
Goods and services that can be used for the same purpose are and goods and services that are used together are
Answers: 1
image
Business, 22.06.2019 22:40, kharmaculpepper
Rolston music company is considering the sale of a new sound board used in recording studios. the new board would sell for $27,200, and the company expects to sell 1,570 per year. the company currently sells 2,070 units of its existing model per year. if the new model is introduced, sales of the existing model will fall to 1,890 units per year. the old board retails for $23,100. variable costs are 57 percent of sales, depreciation on the equipment to produce the new board will be $1,520,000 per year, and fixed costs are $1,420,000 per year. if the tax rate is 35 percent, what is the annual ocf for the project?
Answers: 1
image
Business, 23.06.2019 00:30, danny123421
It's possible for a debt card transaction to bounce true or false
Answers: 1
image
Business, 23.06.2019 02:00, rohan13
Opportunity cost is calculated by which of the following? a. adding the value of all lost opportunities. b. subtracting all costs from the total benefit. c. calculating the cost of time, energy, and sacrifice. d. finding the value of the best option that is not chosen.
Answers: 1
You know the right answer?
In February 2021, Culverson Company began developing a new software package to be sold to customers....

Questions in other subjects:

Konu
History, 01.03.2021 17:40
Konu
History, 01.03.2021 17:40
Konu
Biology, 01.03.2021 17:40