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How much should be included in R-D expense

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Reference no: EM132832081

Question - Burger Queen incurred the following costs during 2017 in the development and production of a new product:

$75,000 in legal fees to obtain a patent.

$275,000 in the design, construction, and testing of a preproduction prototype and model.

$400,000 in engineering activity required to advance the design of the product to the point that it was ready for manufacture.

$55,000 in trouble-shooting in connection with breakdowns during commercial production.

Required - How much should be included in R&D expense for 2017?

Reference no: EM132832081

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