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Ball Co. incurred research and development costs in 2004 as follows: Material used in research and development projects $540,000 equipment acquired that will have alternate future uses in future research and development projects $4,600,000 depreciation for 2004 on above equipment $360,000 personnel costs of persons involved in research and development projects $660,000 consulting fees paid to outsiders for research and development projects 180,000 indirect costs reasonably allocable to research and development projects 270,000 Total: $6,610,000 The amount of research and development costs charged ago Ball's 2004 income statement should be a) 1,560,000 b)1,740,000 c)1,010,000 d) none of the above.
lettman corporation has provided the following partial listing of costs incurred during novembernbspnbspmarketing
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How does the AICPA Code of Professional Conduct relate to ethics? Provide examples to support your response.
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Investments consist of treasury bills that were purchased in November and mature in January. Prepaid insurance is for the next two years. What amount should be included in the current asset section of Janson's December 31, 2009, balance sheet?
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