A company incurred the follow costs related to research and development for the current year:

Technology development (salaries and supplies) $ 320,000

Engineering work performed by another company 150,000

Purchase of equipment 750,000

Testing new models 60,000

Legal fees for patent application 30,000

The equipment will be used in other projects. Depreciation in the current year is $90,000. For what amount should the company report research and development expense?

A: $500,000

B: $620,000

C: $650,000

D: $470,000

The questions of economics address which of the following ? check all that apply

Garfield corporation is considering building a new plant in canada. it predicts sales at the new plant to be 50,000 units at $5.00/unit. below is a listing of estimated expenses. category total annual expenses % of annual expense that are fixed materials $50,000 10% labor $90,000 20% overhead $40,000 30% marketing/admin $20,000 50% a canadian firm was contracted to sell the product and will receive a commission of 10% of the sales price. no u.s. home office expenses will be allocated to the new facility. the contribution margin ratio for garfield corporation is

According to management education expert ashok rao, companies can increase their profitability by through careful inventory management. a. 5% to 10% b. 10% to 25% c. 20% to 50% d. 75%