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
Oksana_A [137]
3 years ago
14

In 2020, Sunland Corporation incurred research and development costs as follows: Materials and equipment $116000 Personnel 13600

0 Indirect costs 176000 $428000 These costs relate to a product that will be marketed in 2021. It is estimated that these costs will be recouped by December 31, 2023. The equipment has no alternative future use. What is the amount of research and development costs that should be expensed in 2020
Business
1 answer:
wariber [46]3 years ago
4 0

Answer:

$428,000

Explanation:

The amount of research and development costs that should be expensed in 2020  is as calculated below

The amount of research and development costs = Materials and equipment cost + Personnel cost + Indirect costs

The amount of research and development costs = $116,000 + $136,000 + $176,000

The amount of research and development costs = $428,000

You might be interested in
Which of the following decision-making perspectives assumes that consumers often make purchases and reach decisions based on the
enyata [817]

Answer:

The correct answer is a. Rational decision-making perspective.

Explanation:

The rational model pursues the constitution of a process of choice among alternatives to maximize the benefits of the organization. It includes a broad definition of the problem, an exhaustive collection and analysis of the data, as well as a careful evaluation of the alternatives. Andreu, in the year (2001), affirms that the criteria for evaluating alternatives are well known and assumes that the generation and exchange of information between individuals is objective and precise. Therefore, the rational decision-making model is based on 3 explicit assumptions:

- All available information related to the alternatives has been obtained.

- These alternatives can be classified according to explicit criteria.

- The selected alternative provides the maximum possible profit for the organization (or for decision makers).

3 0
3 years ago
Nico bought 100 shares of cisco systems stock for $30.00 per share on january 1, 2013. he received a dividend of $2.00 per share
Kamila [148]
Jan. 1, 2013:
Initial investment = (100 shares)*($30/share) = $3,000.

End of 2013:
Dividend collected = ($2/share)*(100 shares) = $200

End of 2014:
Dividend collected = ($3/share)*(100 shares) = $300

End of 2015:
Dividend collected = ($4/share)*(100 shares) = $400

Returns::
 From sales of 100 shares = ($33/share)*(100 shares) = $3,300
 From dividends = 200 + 300 + 400 = $900
 Total returns = 3,300 + 900 = $4,200

Realized returns = Total returns - Initial inestment
                            = 4200 - 3000
                            = $1,200

Answer: $1,200
6 0
3 years ago
How would the issuance of common stock for cash affect the accounting​ equation?
shepuryov [24]

Answer:

Explanation:

The journal entry to record the given transaction is shown below:

Cash A/c Dr XXXXX

    To Common stock A/c XXXXX

(Being the issuance of the common stock is recorded)

The accounting equation is

Total Assets = Total liabilities + Stockholder equity

Cash Increased = No effect    + Increased

Therefore, the cash account and the common stock is increased.

3 0
3 years ago
an activity that a company performs poorly in comparison to its competitors is an example of a competitive deficiency, or quizle
torisob [31]

Answer:i would say weakness if its a choice

Explanation:

3 0
1 year ago
Accrued revenues: Multiple Choice At the end of one accounting period result in cash receipts in a future period. At the end of
Ipatiy [6.2K]

Answer:

At the end of one accounting period result in cash receipts in a future period.

Explanation:

Accrued revenues is money owed by customers for goods bought or services purchased.

Accrued revenue is recorded as an asset on the balance sheet as receivables.

For example, if a customer buys a dress and is yet to pay for the dress. the amount the customer is supposed to pay is recorded as an accrued revenue at the end of the accounting period

Unearned revenue is money received by a company for services that are yet to be rendered.

8 0
3 years ago
Other questions:
  • Match each scenario with the step in the home-buying process it describes
    5·2 answers
  • Teton Trails manufactures backpacks for adventurers. The backpacks come in two types: Daytripper, and Excursion. Teton anticipat
    13·1 answer
  • Hitzu Co. sold a copier costing $6,500 with a two-year parts warranty to a customer on August 16, 2018, for $13,000 cash. Hitzu
    15·1 answer
  • Current Attempt in Progress The following information is available for Zoe’s Activewear Inc. for three recent fiscal years. 2022
    12·1 answer
  • Capital structures vary among firms in the United States and around the world. Relationships, attitudes, tax codes, and accounti
    9·1 answer
  • As a long-term investment at the beginning of the 2021 fiscal year, Florists International purchased 20% of Nursery Supplies Inc
    13·1 answer
  • John has finally gotten to the point where he can put away some money and start a rainy day fund. He wants to have access to his
    7·1 answer
  • How do you think Alden, from Situation 2, found out about Revinate? Given all the online companies that might help your business
    11·1 answer
  • Why should your business use Performance Planner?
    13·1 answer
  • Edmonco Company produced and sold 45,000 units of a single product last year, with the following results: Sales Revenue $ 1,350,
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!