Certain activities are listed below. Indicate which of the activities would be considered in determining R&D costs. Yes or No? a. Testing a new type of machine to evaluate its potential usefulness in production   b. Engineering follow-through in an early phase of commercial production   c. Total cost of an R&D building-No alternative use   d. Salary of director of R&D   e. Current period depreciation on a building housing R&D activities (alternative future use)   f. General and administrative costs reasonably allocated to R&D projects   g. Patent acquired solely for use in a specific R&D project

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter12: Intangibles
Section: Chapter Questions
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Certain activities are listed below. Indicate which of the activities would be considered in determining R&D costs.

Yes or No?

a. Testing a new type of machine to evaluate its potential usefulness in production  
b. Engineering follow-through in an early phase of commercial production  
c. Total cost of an R&D building-No alternative use  
d. Salary of director of R&D  
e. Current period depreciation on a building housing R&D activities (alternative future use)  
f. General and administrative costs reasonably allocated to R&D projects  
g. Patent acquired solely for use in a specific R&D project  
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