Danielson Inc. incurred the following costs during 2016:
a. Current period depreciation expense on the building housing the R&D activities
b. Cost of a market research study
c. Current period depreciation expense on a machine used in multiple R&D activities
d. Salary of the director of R&D
e. Salary of the vice president who spends one-third of her time overseeing the R& D activities
f. Pension casts for the salaries in Items d and e
1. Which of the following are included in R&D costs of the current period? Justify' each answer.
2. Next Level What is the justification of expensing all costs that are classified as R&D?

  • CreatedOctober 05, 2015
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