In 2017, Yupukari Corporation incurred research costs as follows: These costs relate to a product that Yupukari expects to market in 2018.It is estimated that these costs will be recouped by December 31, 2020.How much of these costs could be capitalized in 2017?
A)$410,000
B)$250,000
C)$160,000
D)$0

Question

In 2017, Yupukari Corporation incurred research costs as follows:  These costs relate to a product that Yupukari expects to market in 2018.It is estimated that these costs will be recouped by December 31, 2020.How much of these costs could be capitalized in 2017?
A)$410,000 
B)$250,000 
C)$160,000 
D)$0

Quizplus · Accepted Answer

The Answer of In 2017, Yupukari Corporation incurred research costs as follows:  These costs relate to a product that Yupukari expects to market in 2018.It is estimated that these costs will be recouped by December 31, 2020.How much of these costs could be capitalized in 2017?
A)$410,000 
B)$250,000 
C)$160,000 
D)$0

In 2017, Yupukari Corporation Incurred Research Costs as Follows