Courage Company incurred the following costs in the current year: R and D equipment with useful life of four years in various R and D projects 1800 000 Start – up costs incurred when opening a new product 4 200 000 Advertising expense to introduce a new product. 2 100 000 Engineering costs incurred to advance a product to full production stage but economic viability is not yet achieved 1 200 000 What amount should be recorded as research and development expense?
Courage Company incurred the following costs in the current year:
R and D equipment with useful life of four years in various R and D projects 1800 000
Start – up costs incurred when opening a new product 4 200 000
Advertising expense to introduce a new product. 2 100 000
Engineering costs incurred to advance a product to full production stage but economic
viability is not yet achieved 1 200 000
What amount should be recorded as research and development expense?
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