The Wagner Company made the following expenditures for research and development early in 2014: $80,000 for materials, $100,000 for contract services, $80,000 for employee salaries, and $800,000 for a building with an expected life of 20 years to be used for current and future research projects. Wagner uses straight-line depreciation. The company allocated $20,000 in overhead to research and development. What is Wagners' research and development expense for 2014

Answers

Answer 1

Answer:

$320,000

Explanation:

Research & development expense for 2014 = Materials Expenditure +  Contract services expenditure + Employee salaries + Building expenditure + Overhead

Research & development expense for 2014 = $80000 + $100000 + $80000 +($800000/20) + $20000

Research & development expense for 2014 = $80000 + $100000 + $80000 + $40000 + $20000

Research & development expense for 2014 = $320,000


Related Questions

You are concerned that the accountant in your organization might have the chance to modify financial information and steal from the company. You want to periodically have another person take over all accounting responsibilities to catch any irregularities. Which security principle are you implementing by periodically shifting accounting responsibilities

Answers

Answer:

The security principle that I'm implementing is Job rotation.

Daniel wants to buy a laptop computer, and he has $300 in savings. He can purchase a new computer for $279 or a refurbished [repaired or renovated] computer for $100. What should Daniel do next?

Answers

Answer:

He should buy a refurbished computer

Explanation:

This saves him 179  dollars

An agreement between countries to encourage free trade and promote thegroup's collective economic interests is an__
O A. comparative advantage
OB. trade bloc
O C. absolute advantage
D. trade barrier

Answers

Answer:

OB. trade bloc.

Explanation:

A trade bloc is when a group of countries come together and form or create an agreement that reduced or even eliminates any restrictions on trade between themselves. This type of intergovernmental agreement allows the participating countries to have cordial economic relationships with each other.

Through this type of agreement, the regional barriers to international trade are open or given fewer restrictions to allow or encourage free trade between themselves. Moreover, it also allows them to trade among themselves and prevent the non-members from participating in any economic trade with the member nations.

Thus, the correct answer is option B.

The WBS is best suited for design and construction projects that have tangible outcomes. When the final outcome of the project is less tangible or it is the result of a series of steps or phases, some project managers choose to utilize a(n) ___________. Multiple Choice Responsibility Matrix (RM) Organization Breakdown Structure (OBS) Work Breakdown Structure (WBS) Modified Process Breakdown Structure (PBS) Project Priority Matrix (PPM)

Answers

Answer:

Process Breakdown Structure (PBS)

Explanation:

Since in the question it is mentioned that WBS should be best suited for design & construction projects so there is tangible results

now if the final result should be lower tangible so here the project manager should select the project breakdown structure as the process of the project should be driven via requirement of the performance but not with the plans or the blueprints

Pls help pls

Why is there a huge demand of professionals in the field of agriculture??

Answers

Agriculture is a important field in countries development.Agriculture contributes 10-50℅ GDP to most of the countries.Agricultural determines the Development rankings.Agriculture helps the country to feed all the citizens .Hence there is a huge demand of professionals

show your acquittance with report? discuss the di
different types of report.​

Answers

Answer:

A

report is written for a specific audience; it must always be accurate and objective. ... Types of reports include memos, meeting minutes, expense reports, audit reports, closure reports, progress reports, justification reports, compliance reports, annual reports, and feasibility reports

Which profession do you prefer ro choose for your career?Engineer or Architect? Why?​

Answers

Answer:

Architects

Explanation:

In my opinion,

Architects create new design concepts that push how modern day construction is executed.Architecture is one of the few professions that is never static.” Recently, architects have become more and more concerned with environmental and socially responsible building practices and materials.

Outdoor Living Company has just received a special order for 500 hammocks. Outdoor Living has sufficient idle capacity to accept the order. Accepting the order will increase Outdoor Living's total variable manufacturing costs. Which type of cost is considered relevant to Outdoor Living's decision whether to accept or reject the special order?

Answers

Answer:

Raw materials to make the 500 hammocks.

David opened his own bicycle shop 30 years ago, and although he enjoyed his work, he needed more free time. When Josie requested to work as an apprentice, David was very willing. Before long Josie was able to run the store without any help. This is an example of how:

Answers

Answer:

This is an example of how an apprenticeship can benefit both the business owner and the apprentice.

Explanation:

Apprenticeship is the system or process of hiring someone to train him/her to learn the trade. This method is used in companies and other jobs to train new generations about the trade and also pass on the job.

David may have had the bicycle shop for three decades but now that he desired more free time, he had to pass on the work to someone who can take care of the shop in his place. The apprenticeship of Josie enabled him to have the desired free time while his shop still runs. This is an example of how apprenticeship is beneficial for both parties.

A straight-line production possibilities frontier assumes Group of answer choices the more resources a society uses to produce one good, the fewer resources it has available to produce another good. the opportunity cost of producing a good is constant as more and more of that good is produced. the opportunity cost of producing a good increases as more of that good is produced. resources are specialized; that is, some are better at producing particular goods rather than other goods.

Answers

Answer:

the opportunity cost of producing a good is constant as more and more of that good is produced

Explanation:

In the case of the  production possibilities frontier i.e. on the straight line presumes that the opportunity cost for generating the good should be the similar or constant when the more and more goods are generated or produced

So as per the given options, the above statement should be selected

And, the same is to be relevant

Balancing life in college will require paying attention to which aspects of your life in order
to reach long and short term goals?
Finances, social life, academics and personal life

Class time and study time,

Managing your weight while dealing with cooking or meal plan.

Paying attention only to your social life can lead to career opportunities,

Answers

Answer:

finance , social life , academics and personal life

PLS HELPPP FASTTT!!!! Which of the following is not consistent with the efficient market hypothesis?

a. Stock prices should follow a random walk.
b. Index funds should typically outperform highly managed funds.
c. News has no effect on stock prices.
d. There is little point in spending many hours studying the business pages looking for undervalued stocks.

Answers

Answer:

c. News has no effect on stock prices.

Explanation:

A foreign exchange market can be defined as a type of market where the currency of a country is converted to that of another country. For example, the conversion of the United States of America dollars into naira, rands, yen, pounds, euros, etc., at the foreign exchange market.

Efficient market school is the market school which argues that forward exchange rates do the best possible job for forecasting future spot exchange rates, so investing in exchange rate forecasting services would be a waste of time because it is impossible to have a consistent alpha generation on a risk adjusted excess returns basis as market prices are only affected by new informations.

The efficient market school also known as the efficient market hypothesis (EMH) is a hypothesis which states that, asset (share) prices reflect all information and it is very much impossible to consistently beat the market. Also, forward exchange rates are exchange rates controlling foreign exchange transactions at a specific future date or time.

According to the efficient market hypothesis, News has an effect on

the prices at which a stock is sold because it affects demand and supply.

If Texia specializes in food, it can produce 1,000 units of food and 0 units of clothing this year. If it specializes in clothing, it can produce 500 units of clothing and 0 units of food. This year Urbania can produce either 500 units of food and 0 units of clothing or 200 units of clothing and 0 units of food. (assume linear production possibility frontiers) _______has the absolute advantage in the production of clothing and ________has the absolute advantage in the production of food. Texia; Texia Texia; Urbania Urbania; Texia Urbania; Urbania

Answers

Answer:

Texia; Texia

Explanation:

A country has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries

Texia can produce 1000  units of food while Urbania can produce 500  units of food . Texia produces more food

Texia can produce 500 units of clothing while Urbania can produce 200 units of clothing. Texia produces more clothing

Texia has an absolute advantage in both activities

On January 1, 2010, Wayne's Waffle House purchased a freezer for $45,000. The freezer had an estimated useful life of 10 years and an estimated residual value of $3,000 at the time of purchase. Wayne spent $10,000 on January 1, 2012, to replace the freezer motor. This replacement increased the freezer's life by 5 years and the residual value by $2,000. Assuming that straight-line depreciation is used, what will be the depreciation expense for 2012

Answers

Answer:

$3200

Explanation:

Calculation to determine what will be the depreciation expense for 2012

Using this formula

2012 depreciation expense=Estimated residual value+(Residual value/Estimated useful life)

Let plug in the formula

2012 depreciation expense=$3,000+($2,000/10 years)

2012 depreciation expense=$3,000+$200

2012 depreciation expense=$3,200

Therefore what will be the depreciation expense for 2012 is $3,200

Suppose the town of Falls Valley has a mosquito problem. After a bad summer, the town accountants explain that the marginal cost of providing one more treatment for mosquito control is $100,000. The town should provide the additional mosquito control only if the marginal: Group of answer choices social cost of mosquito control is more than $100,000. benefit for any individual citizen is at least $100,000. social cost of mosquito control is less than $100,000. benefits for all individual citizens add up to at least $100,000.

Answers

Answer:

The correct option is "benefits for all individual citizens add up to at least $100,000".

Explanation:

Marginal cost refers to the additional cost incurred in order to provide an additional unit of a commodity.

For a community, town, or country, benefit is maximized when the marginal cost of providing a good or service to the community, town, or country is equal to the sum of the marginal benefit for all individual citizens of the community, town, or country.

Based on the above explanation, the correct option is "benefits for all individual citizens add up to at least $100,000". That is, the town should provide the additional mosquito control only if the marginal benefits for all individual citizens add up to at least $100,000.

An attorney, a newly licensed sole practitioner, opened a trust account at a local bank into which she deposited a check from a client that constituted an advance payment for future legal services to be rendered by the attorney. Subsequently, the attorney also deposited her own funds into the account in order to pay bank service charges on the account. The attorney did not deposit into the trust account an engagement fee received from another client. The engagement fee represented payment to the attorney for accepting the case, being available to handle the case, and agreeing not to represent another party in the case. The fee did not require the attorney to perform additional legal services. The attorney maintained records related to all account transactions in accordance with the state rules of professional conduct, which are identical to the ABA Model Rules of Professional Conduct. Is the attorney subject to discipline with regard to her actions concerning the trust fund account

Answers

Based on the information given in the question, it should be noted that the attorney will not be subjected to discipline regarding her actions concerning the trust fund account.

The reason why the attorney won't be subjected to any discipline is because the property of the client was kept by the attorney properly and it was separated from her own property. Also, necessary records were maintained by the attorney.

In conclusion, the attorney is not subject to discipline with regard to her actions concerning the trust fund account.

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Barclay Bikes manufactures and sells three distinct styles of bicycles: the Youth model sells for $420 and has a unit contribution margin of $165; the Adult model sells for $970 and has a unit contribution margin of $510; and the Recreational model sells for $1,120 and has a unit contribution margin of $560. The company's sales mix includes: 5 Youth models; 9 Adult models; and 6 Recreational models. If the firm's annual fixed costs total $6,620,000, calculate the firm's contribution margin per composite unit.

Answers

Answer:

the  firm's contribution margin per composite unit is $8,775

Explanation:

The computation of the firm's contribution margin per composite unit is given below:

= $165 × 5 + $510 × 9 + $560 × 6

= $825 + $4,590 + $3,360

= $8,775

Hence, the  firm's contribution margin per composite unit is $8,775

Therefore the same is to be considered and relevant

Mohammad was an employee in the new product development department of Estay Inc. Mohammad was directly involved in the development of a new product that Estay intended to launch in 6 months. Estay took great care to keep information concerning the new product a secret. Ceries, Inc., a competitor of Estay, persuaded Mohammad to leave Estay to direct Ceries' marketing department. Which statement is correct

Answers

I do not see options?

Which situation best illustrates an effect of globalization?
A. A chef from China opens traditional Chinese restaurants in
Europe.
B. A politician from Australia promises to lower taxes for all citizens.
C. A pilot from the United States flies passengers all around the
country
D. A butcher in Tanzania only accepts meat raised on local ranches.

Answers

Answer:

a

Explanation:

the chinese restaurant may offer traditional food where people in Europe might enjoy food with chopstick

The Affordable Care Act (ACA) requires insurance companies to adhere to the: Group of answer choices pure community rating approach for individuals and small businesses. adjusted community rating approach for individuals and small businesses. same standards used by the Social Security Administration. pure community rating approach for college communities. cost-of-living adjustment (COLA) for individuals and small businesses.

Answers

Answer:

adjusted community rating approach for individuals and small businesses.

Explanation:

The Affordable Care Act (ACA) requires insurance companies to adhere to the adjusted community rating approach for individuals and small businesses.

Bob and his sister Betty are co-owners of their late parents' business. Bob actively manages the business; Betty supplies capital from her inheritance but does not work in the business. They squabble over the distribution of profits from the business. Bob likely sees his sister as a _____, whereas Betty views her brother as a(n) _____. Group of answer choices predator; parasite co-owner; employee parasite; predator stockholder; manager

Answers

Answer: Parasite, predator

Explanation:

Managing businesses isn't an easy task despite it might be going well. On managing business, certain agreement has to be reached such as who finances , manages, and how interests are shared, when all these are well spelled out there would be no room for the other party to feel cheated while the other feels same way too. Betty and her brother feel cheated about each other's input regarding their business because they probably didn't spell out how the business operations would be run, they'll need to sort this out so they don't see each other so again.

What are the basic points to be considered while running the occupation? for each of them​

Answers

Answer:

interest

qualification

skills

finance

I need points 5),:6)6

Which of the following statements is true?
A. ASC 740 focuses on the income tax expense or benefit on the income statement
B. ASC 740 focuses on the balances in the deferred tax assets and liabilities on the balance sheet
C. ASC 740 focuses on the income taxes paid or refunded in the Statement of Cash Flows
D. ASC 740 focuses on the computation of a company's effective tax rate in the income tax note to the financial statements

Answers

Answer:

B. ASC 740 focuses on the balances in the deferred tax assets and liabilities on the balance sheet

Explanation:

ASC 740 applied the asset and liability approach for determining the current tax payable of the company and deferred tax payable for the company both should be refundable also its main focus is on the company balance sheet

So as per the given options, the option b is correct as it focused on the deferred tax asset and the deferred tax liabilities that to be shown on the balance sheet

So, other options should be wrong

Regional Lumber Company and Superior Builders Corporation enter into a contract for a sale of wood products. Regional, a merchant who deals in goods of the kind sold, makes implied and express warranties in connection with the sale. Under the UCC, if these are inconsistent:

Answers

Answer:

Hence answer is the implied warranty of fitness for a specific purpose takes precedence.

Explanation:    

There are two sorts of warranties that are implied and express warranty provided by the vendor to the customer. An express warranty may be a warranty that's clearly stated either verbally or in writing but an implied warranty automatically covers most commodities valued over a particular amount but provides a base level of protection for consumers.

Most consumer products are protected by the implied warranty that ensures that the merchandise will work as per its claims.

Under the Uniform commercial code (UCC) when both express and implied warranties are inconsistent, the implied warranty of fitness for a specific purpose takes precedence.  

The assembly line changed automobile production methods because: (A)Workers decided what tasks they would perform during the workday. (B)The parts to be worked on were brought to the workers on a moving belt. (C)Workers moved from one car to the next and performed a small task on each one. (D)It enabled each worker to assemble a larger portion of an entire car.

Answers

Answer:

d

Explanation: hi

The general term for the payments for the use of resources is ______?
A. wages
B. rent
C. interest
D. factor payments​

Answers

A. Wages is the general term for the payments for the use of resources

The umbrella word used to describe payments for the usage of resources is Factor payments. Hence, Option D is correct.

What is factor payment?

Factor payments in economics are the compensation that individuals receive for providing the factors of production—land, labor, capital, or entrepreneurialism. Payments made with limited resources or production inputs in exchange for useful services.

 

Rent, wages and salaries for work, interest and dividends are the factor payments received for land, labor, and capital, respectively. It describes one method for determining GDP using income.

The factor income technique, also referred to as the "income approach," calculates GDP by adding employee wages, rent, interest, and profit. Payments provided to production factors, such as rent, interest, profit, wages, etc., are referred to as factors payments.

Thus, Option D is correct.

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Do you think that interest and capacity play a great role to get success in a profession?Give your opinion.​

Answers

Answer:

For many people, interest is a driving factor for motivation and happiness in their life. Interest is one of the important parts while choosing a career. When we love what we are doing, we will always put our best performance forward and strive to learn more. Consequently, that will enhance our self-confidence as well.

Explanation:

It is important to know yourself and your capacities. Your strengths are things you can leverage on, things you can use to push yourself further. On the other hand, your weaknesses are not your downfall. So,interest and capacity is important in our career.

Yes, I think interest and capacity play a great role to get success in a profession.

What is interest?

An interest is a desire or want to do/hear something or someone. interest can be stated as an emotion that a person possess regarding something. a person is said to be interested if that particular thing excites or gives a joyful feeling to person while doing that particular act. interest is very essential in a profession to be successful because if a person is not interested in particular subject and profession how can that person provide best services out of that profession.

What is capacity?

Capacity is an ability of a person to perform a particular job or to do a particular task. capacity here refers to the thinking capacity or mental capability that is required in a profession. this is another ingredient that is very important to be successful in any profession.

for example you cannot ask a 5 year old to be judge in a court because that person doesn't possess such professional skill along with it he is not capable to think and provide service for same profession.

What is profession?

A profession is a field of work that requires special knowledge and training over a period of time. a person doing profession is known as professionals. the profession is basically a way of knowing and learning skills and education for a particular subjects such as law, medical. the practitioners of professions are said to be expert of such profession.

Hence, to get successful in a profession, interest and capacity is very important and essential as interest creates curiosity and eagerness to learn that particular profession in every manner and explore every aspect of that profession to provide best service out of it along with it the capacity to grasp and learn such skills to be expert in such profession is also required.

Therefore, a successful professional is one that have interest in that particular field and also capable to learn and evolve in that particular profession according to need and requirement.

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The top part of Mars, Inc.'s 2018 balance sheet is listed as follows (in millions of dollars). Current assets: Current liabilities: Cash and marketable securities $ 10 Accrued wages and taxes $ 20 Accounts receivable 40 Accounts payable 30 Inventory 160 Notes payable 40 Total $ 210 Total $ 90 What are Mars, Inc.'s current ratio, quick ratio, and cash ratio for 2018?

Answers

Answer and Explanation:

The calculation is given below:

Current ratio is

= Current assets ÷ current liabilities

= 210 ÷ 90

= 2.33 times

quick ratio is

= Quick assets ÷ current liabilities

= + ($210 - $160) ÷ 90

= 0.56  

And, the Cash ratio is

= cash ÷ Current liabilities

= 0.11

In this way it should be determined

For managers, the importance of Maslow's contribution is that he showed that workers Group of answer choices are interested only in compensation that helps them fulfill physiological needs. have needs beyond that of just earning a paycheck. are as complex as their organization. expect an employer to fulfill every level in their hierarchy of needs. have needs that cannot be understood by their employer.

Answers

Answer:

have needs beyond that of just earning a paycheck.

Sports and marketing have to compete on which angle if they want to be relevant to the 21st century market?

cheapest prices

scarcest supply

most appealing

quickest distribution

Answers

Answer:

cheapest prices

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a business firm, so as to enhance the availability of goods and services to meet the unending requirements, needs or wants of the end users or consumers through advertising and market research. Thus, it comprises all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered.

Hence, sports and marketing have to compete on the cheapest prices, if they want to be relevant to the 21st century market because it's the most important factor that influences the willingness of a consumer to buy a good or take a service.

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Determine which type of error is most likely to arise from the following situations. a 1. the time in which individuals are contacted to take a survey occurs during work hours f 2. the last part of a newspaper article asks readers to mail or email the newspaper their opinion about universal health coverage 3. subjects are asked to recall how often they snacked between meals in the past 30 days 4. a survey to assess teachers' opinions about Common Core uses a member list for the largest teachers' union as the sampling frame a. question wording b. undercoverage c. processing error d. bad sampling method e. response error f. nonresponse g. random sampling error Solve x/4 > 2 Question 10 options: x 8 x < 8 x > 8 x 8 Dermody Snow Removal's cost formula for its vehicle operating cost is $2,980 per month plus $328 per snow-day. For the month of December, the company planned for activity of 22 snow-days, but the actual level of activity was 20 snow-days. The actual vehicle operating cost for the month was $10,490. The spending variance for vehicle operating cost in December would be closest to: an atom contains positive protons and negative electrons. Why atom is electrically neutral. Spell out the full name of the compound. PICTURE) Could someone please correct my answer and explain 6 for me marking brainliest What is the difference between the centroid and the center of mass?A: When (), ,, ,x y zc x y zthen the center of mass is the centroid. what are the two characteristics of Pine due to which it is not placed under sub division angiosperms As water is cooled from 4 C to 0 C, its densityA. stays the sameB. decreases and increasesC. increasesD. decreases plz search rhe chemistry project on any topic.. Stine Inc. had 1,000,000 shares of common stock issued and outstanding at December 31, 2020. On July 1, 2021 an additional 1,000,000 shares were issued for cash. Stine also had stock options outstanding at the beginning and end of 2021 which allow the holders to purchase 300,000 shares of common stock at $28 per share. The average market price of Stine's common stock was $35 during 2021. The number of shares to be used in computing diluted earnings per share for 2021 is Challenge for you:You deposit $400 each month into an account earning 5% annual interest compounded monthly.a) How much will you have in the account in 20 years?b) How much total money will you put into the account?c) How much total interest will you earn? Tm cc t ng lin kt on ng ngha hay gn ngha cho cc t ng sau: vy m,nhng, th ri,ln ,may qu,th ra vy Which luring method is best described in this scenario?A Guatemalan man, Miguel, had a group of people helphim secretly get through Mexico and into the UnitedStates. But when he crossed the border, the people whohelped him demanded a lot of money. When he couldn'tpay, he was forced to work for the group.offer of workO offer of educationpayment for smugglingO false love interest A merry-go-round rotates with a centripetal acceleration of 18 m/s^2. If the outer horses are 9 m from the center of the ride. What is their velocity? A. 12.7 m/sB. 14.6 m/sC. 16.3 m/sD. 10.4 m/s You have just made your first $5,837 contribution to your retirement account. Assume you earn a return of 9.8 percent per year and make no additional contributions. What will your account be worth when you retire in 45 years -27Which of the following is equivalent to-?NO(197)NI1222(22)2.2 Which event made it clear that the Civil War was a fight to abolish slavery in the United States?President Lincoln's Emancipation Proclamationthe surrender of Robert E. Lee at Appomattoxthe founding of the Confederate States of AmericaFrances decision not to send aid to the Confederacy A firm has estimated Free Cash Flows of $300,000, $310,000 and $360,000 for the next three (3) years. If this firm has a WACC of 9.40% and expects these cash flows to grow by 2.10% in perpetuity, then what is the Terminal Value of these expected perpetual cash flows. Which statement best describes what happens during a chemical reaction?A. Reactants change into products.B. Reactants change into new reactants.C. Products change into reactants.D. Products change into new products.