1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
slega [8]
3 years ago
14

Blue Corporation, a manufacturing company, decided to develop a new line of merchandise. The project began in 2018. Blue had the

following expenses in connection with the project: 2018 2019 Salaries $500,000 $600,000 Materials 90,000 70,000 Insurance 8,000 11,000 Utilities 6,000 8,000 Cost of inspection of materials for quality control 7,000 6,000 Promotion expenses 11,000 18,000 Advertising –0– 20,000 Equipment depreciation 15,000 14,000 Cost of market survey 8,000 –0– The new product will be introduced for sale beginning in July 2020. Determine the amount of the deduction for research and experimental expenditures for 2018, 2019, and 2020 if: Blue Corporation elects to expense the research and experimental expenditures. Blue Corporation elects to amortize the research and experimental expenditures over 60 months.
Business
1 answer:
umka21 [38]3 years ago
7 0

Answer:

There will be no amortized value for for research and experimental expenditures will be considered for the year 2018 and 2019 as new product will be introduced for sale from July 2020.

Explanation:

total available amount of deduction for research and experimental expenditures is:

2018 - $500,000 + 90,000 + 8,000 + 6,000 + 15,000  

   = $619,000

2019- $600,000 + 70,000  + 11,000  + 8,000  + 14,000

          = $703,000

2020 - $0

Amortized value for research and experimental expenditures

= ($619,000+703,000)/60

= $22,033 per month

Amortized value for research and experimental expenditures for 2018

= $0

Amortized value for research and experimental expenditures for 2019

= $0

Amortized value for research and experimental expenditures for 2020 (from july to dec => 6 months)

= $22.033*6

= $132,198

Therefore, There will be no amortized value for for research and experimental expenditures will be considered for the year 2018 and 2019 as new product will be introduced for sale from July 2020.

You might be interested in
Peter, a British citizen, and Keith, a U.S. citizen, are employees of an electronics manufacturing company headquartered in Lond
valina [46]

Answer:

The correct answer is option B.

Explanation:

An electronics manufacturing company is headquartered in London. It has a marketing unit in New York.  

Peter is a British resident, who works in the London office of the company. Keith is a US citizen and works in the New York marketing unit.  

Since the company is headquartered in London, its parent country is Britain. The US is a host country for the company.  

So Peter is a parent country national and Keith is host country national.

6 0
3 years ago
Loan x has a principal of $10,000x and a yearly simple interest rate of 4%. Loan y has a principal of $10,000y and a yearly simp
Ganezh [65]

Answer:

X = 32

Y = 96

Explanation:

Z = 5%

Z = (0.04X + 0.08Y) / (X + Y)

we can substitute Z:

0.05 = (0.04X + 0.08Y) / (X + Y)

0.05 (X + Y) = 0.04X + 0.08Y

0.05X + 0.05Y = 0.04X + 0.08Y

0.01X = 0.03Y

X = 0.03Y / 0.01 = 3Y

This means that we must choose one value for Y that divided by 3 equals another option:

the only possibility that fits the equation is:

  • X = 32
  • Y = 96
4 0
4 years ago
Viral promotion involves: Group of answer choices sending a pre-written set of messages to customers or prospects over time. off
marta [7]

Answer:

leveraging a firm's customers to promote a product or service

Explanation:

Viral promotion is a form of marketing in which a good or service is promoted using a firms' social network,

For example, if a firm is about to launch a new product and it wants to do a viral promotion, it would make use of the firms existing customers to promote the good

4 0
3 years ago
Using the high-low method, what is the variable cost? $2 per direct labor-hour $2.31 per direct labor-hour $.30 per direct labor
d1i1m1o1n [39]

Answer:

$0.30 per direct labor-hour

Explanation:

The computation of the variable cost per direct labor is shown below:

Variable cost per direct  hour = (High maintenance cost incurred - low maintenance cost incurred) ÷ (High direct labor hours - low direct labor hours)

= ($4,000 - $1,900) ÷ (9,000 hours - 2,000 hours)

= $2,100 ÷ 7,000 hours

= $0.30 per direct labor-hour

3 0
3 years ago
What two key values are identified for each performance parameter in the capability development?
Taya2010 [7]

Key Performance Parameters (KPP) and Key System Attributes (KSA) are the two key values identified for each performance parameter in the capability development.

Skill development refers to creating new skills or improving existing skills. Skill development, skill growth, skill expansion, and skill maturity are often used interchangeably with this concept. A number of theoretical lenses, such as knowledge-based approaches, resource-based perspectives, and evolutionary theory, provide insight into organizational skills development in firms.

Various authors highlight different factors as predictors of ability to influence skill development, including B. In-house knowledge, experience, organizational learning, routine and non-routine actions (eg, semi-continuous asset orchestration or routine redesign).

Scalability, Growth Capacity, Dynamic Capacity, and Investment in LearningThese keywords were added by the machine, not the author. This process is experimental and keywords may be updated as the learning algorithm improves.

Learn more about Capability Development here : brainly.com/question/25594630

#SPJ4

4 0
2 years ago
Other questions:
  • Oriole Company retires its delivery equipment, which cost $53,990. Accumulated depreciation is also $53,990 on this delivery equ
    12·1 answer
  • At an output level of 76,000 units, you calculate that the degree of operating leverage is 3.3. The output rises to 81,000 units
    13·1 answer
  • Which of the following use direct language effectively? Check all that apply. Linda’s expert planning skills have helped advance
    15·1 answer
  • Mars inc., an automaker, hires a popular celebrity, emma hunt, as the spokesperson for its "keep the world green" campaign, an i
    15·1 answer
  • Amy got into trouble last week. She was hanging out with some of her friends, and when they suggested that shoplifting would be
    12·1 answer
  • Why is our public so preoccupied with celebrities?
    11·1 answer
  • Consternation Corporation has an agreement with its workers to index completely the wage of its employees using the CPI. Conster
    7·1 answer
  • Problem 3. A company wants to forecast demand for June using a two period weighted moving average with weights of .6 (for May) a
    8·1 answer
  • About 20 years ago, Xx-zobam, Inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. Sturdy Light b
    10·1 answer
  • You are working on a brochure about your business. The type for the body text will be black and that for the section headings wi
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!