Question
During the year of upon Dovery Company corted $325,000 of research costs undertaken with the prospect of gang new technical understanding about a new nanotechnology
During the year of upon Dovery Company corted $325,000 of research costs undertaken with the prospect of gang new technical understanding about a new nanotechnology procedure. An addtonal $535.000 was incumed to deve a pridiction that new techgy to produce a now bricant product Under US GAAP which of the loanng is the appropriate accounting for these costs? OA experne $500,000 Op 325 000 and capture $525,000 as an intangible set OC peme 35 000 and cape 1335 000 as an tangible a OD captace 00 000 as an wangbo Click to set your answer Ptype here to search o 318PM 7 of 25 (7 complete) 4 During its first year of operation, Dovery Company incurred $325,000 of research costs undertaken with the prospect of gaining new technical understanding about a new handlechnology procedu process to use that new technology to produce a new lubricant product Under US GAAP, which of the following is the appropriate accounting for these cost OA. expense $860,000 OB. expense $325,000 and capitalize $535,000 as an intangible asset OC. expense $535,000 and capitalize $325,000 as an intangible asset OD. capitalize $860,000 as an intangible asset Click to select your answer. Type here to search 0 # ly 0 ncurred $325 000 of research costs undertaken with the prospect of gaining new technical understanding about a new nanotechnology procedure. An additional $535,000 was incurred to develop ww lubricant product. Under US GAAP, which of the following is the appropriate accounting for these costs? as an intangible asset as an intangible asset L1 O O c . 10 o of 25 (7 complete) During its first year of operation, Dovery Company incurred $325,000 of research costs undertaken with the prospect of gaining new technical unde process to use that new technology to produce a new lubricant product. Under U.S. GAAP, which of the following is the appropriate accounting for O A. expense $860,000 0000 B. expense $325,000 and capitalize $535,000 as an intangible asset C. expense $535,000 and capitalize $325,000 as an intangible asset OD. capitalize $860,000 as an intangible asset
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