Reference no: EM132956357
Question - During 2020, A Company. incurred costs to develop and produce a routine, low-risk computer software product as follows:
Completion of detailed program design or working model- 1,000,000
Cost incurred for coding and testing to establish technological feasibility- 200,000
Other coding costs after the establishment of technological feasibility- 2,000,000
Other testing costs after the establishment of technological feasibility- 1,500,000
Costs of producing product masters for training materials- 2,500,000
Duplication of computer software and training materials from product master- 3,000,000
Production overhead- 1,000,000
Packaging product- 500,000
Administrative overhead- 750,000
Promotional cost of the finished software- 200,000
Abnormal amount of wasted materials and labor costs- 250,000
Required - In the December 31, 2020 balance sheet, what amount should be capitalized as software cost subject to amortization?
Calculate optimus required rate of return on equity
: Calculate Optimus' required rate of return on equity using the capital asset pricing model (CAPM). For the CAPM, use the risk-free rate of 4.0% assumptions
|
Compute output tax
: Carla Vista Co. does not segregate sales and sales taxes on its cash register. Compute output tax
|
Will the company need any outside capital
: John has a "TOTAL ASSETS" of $36,200, Will the company need any outside capital if they pays no dividends and, if yes, how much?
|
Explain the key purpose of relevant credit legislation
: Explain the key purpose of relevant credit legislation, statutory requirements and codes of practice, covering: consumer credit; personal property securities
|
What amount should be capitalized as software cost
: In the December 31, 2020 balance sheet, what amount should be capitalized as software cost subject to amortization
|
Prepare a communication for the employees
: Tina Colin, has requested that you, as the Payroll Manager, prepare a communication for the employees, explaining how the new benefits will impact their net pay
|
What will be your retirement consumption stream
: Assume the before-tax interest rate is 5%. What will be your after-tax 20-year retirement consumption stream if you choose to save in a traditional IRA
|
Would the stockholders equity section prepared
: When Resisto Systems, Inc., was formed,Prepare stockholders' equity section of the company's balance sheet at the end of the current year.
|
Calculate the required return on the equity for cedar plc
: The bonds have a total market value of £20 million and a yield to maturity of 6%. Calculate the required return on the equity for Cedar Plc
|