MD. Incurred the following costs during 2019 in connection with its research and development activities (dalam Rp. 000.000) : Cost Amount Cost of equipment acquired that will have alternative uses in future R&D Projects over the next 5 years (uses straight line method) Material consumed in R&D projects Consulting fees paid to outsiders for R&D projects Personal cost of persons involved in R&D projects Indirect costs reasonably allocable to R&D projects Materials purchased for future R&D projects 330.000 59.000 100.000 128.000 50.000 34.000 Compute the amount to be reported as research and development expense by Martinez on its income statement for 2019. Assume equipment is purchased at the beginning of the year and economic viability has not been achieved
MD. Incurred the following costs during 2019 in connection with its research and development activities (dalam Rp. 000.000) : Cost Amount Cost of equipment acquired that will have alternative uses in future R&D Projects over the next 5 years (uses straight line method) Material consumed in R&D projects Consulting fees paid to outsiders for R&D projects Personal cost of persons involved in R&D projects Indirect costs reasonably allocable to R&D projects Materials purchased for future R&D projects 330.000 59.000 100.000 128.000 50.000 34.000 Compute the amount to be reported as research and development expense by Martinez on its income statement for 2019. Assume equipment is purchased at the beginning of the year and economic viability has not been achieved
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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- MD. Incurred the following costs during 2019 in connection with its research and development activities (dalam Rp. 000.000) :
|
Cost |
Amount |
|
Cost of equipment acquired that will have alternative uses in future R&D Projects over the next 5 years (uses Material consumed in R&D projects Consulting fees paid to outsiders for R&D projects Personal cost of persons involved in R&D projects Indirect costs reasonably allocable to R&D projects Materials purchased for future R&D projects |
330.000
59.000 100.000 128.000 50.000 34.000 |
Compute the amount to be reported as research and development expense by Martinez on its income statement for 2019. Assume equipment is purchased at the beginning of the year and economic viability has not been achieved.
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