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Is Amortization of patents on factory machine a prime or conversion product cost?
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∙ 11y ago
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∙ 11y ago
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Give a list of factory overhead?
insurance of factory depreciation of factory janitorial service of factory superintendent costs quality control amortization of patents uncollectible accounts expense factory utilities indirect materials indirect labor factory supervisor payroll contribution of factory repairs and maintenance of factory real property taxes tools used and more....
What is an example of an amortized expense?
The costs of long-lived intangible assets, such as patents, are allocated across time periods and reclassified as amortization expense.
What is amortization of goodwill?
Amortization is the process of writing off intangible assets such as goodwill,patents, trademarks, license etc. The portion of goodwill(or any other intangible asset) to be amortized in a particular accounting year is treated as revenue expense and is charged to the Profit and Loss Account of that year.
What is the name of the machine that makes the curb on the side of the road?
Curb and gutter machine is the name of the machine that makes the curb on the side of the road. Read about it at www.patentstorm.us/patents/4620341/description.html -
Can patents cover ideas?
A patent may only be granted for the creation of a new machine, manufacture, and so on--not for the mere idea or suggestion of the new machine
Who invented the laminating machine?
The hot roll laminating machine was invented by Donald F. Hannon, who held several patents for this and other laminating products. He was from Cleveland, Ohio.
What would you get a patent for?
The most common type of patent is a utility patent, which protects a new, non-obvious, and useful process, machine, article of manufacture, or composition of matter, or an improvement to any of those. The other patents are design patents, for ornamental design of an article of manfacture, and patents on hybrid plants.
What is substitute word for amortization in English?
There is none. "Amortization" is a very specific term that relates to: A) The application of the cost of an intangible asset over time (akin to depreciation for a fixed asset or physical asset). A good example of intangible assets would be Goodwill or Patents. B) The application of interest to a loan balance. The most common example in this case is an "Amortization Schedule" which you can use to predict / estimate a loan balance at a certain point in time, given that the assumptions and facts are correct. IE payments were made on time, for the proper amounts, etc.
Who was the Bates Numbering Machine named after?
The Bates Numbering Machine was named after the inventor Edxin G. Bates of New York. He recieved several patents for his device that were valid between 1891 to 1901.
Does a patent apply to a machine that is second hand?
Patents apply to any machine created under that patent until the patent expires. It does not matter how many times the machine is used or how many times it changes hands, the patent is still a patent.
What were some of Bell's unsuccessful patents?
Alexander Graham Bell tried 3 times to get a patent for the telephone before he finally got it. These were his only failures at patents. He also invented a machine for artificial respiration which was actually a jacket worn by the patient.
What invention was patented in 1858?
1858 * Hamilton Smith patents the rotary washing machine. * Jean Lenoir invents an internal combustion engine.
