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Richard Co

Question 88

Multiple Choice

Richard Co. incurred research and development costs in 2011 as follows:
Richard Co. incurred research and development costs in 2011 as follows: The total research and development costs charged in Richard's 2011 income statement should be A) $425,000. B) $542,500. C) $617,500. D) $925,000.
The total research and development costs charged in Richard's 2011 income statement should be


A) $425,000.
B) $542,500.
C) $617,500.
D) $925,000.

Correct Answer:

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