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because lots of IT professionals,technicians,designers needs to be paid
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Why are the costs of developing a new product so high?
The costs of developing a new product are high due to various factors such as research and development expenses, testing and prototyping costs, marketing and advertising expenses, as well as the need for skilled labor and specialized equipment. Additionally, there may be regulatory requirements and intellectual property considerations that add to the overall cost of bringing a new product to market.
Which of the following statements is not true with regard to international accounting standards for research and development costs?
Some countries require research costs to be expensed and development costs to be capitalized
How mach does a Bugatti veyeron cost to be manufactured?
Bugatti probably keep that a trade secret! It will be considerable thanks to high development costs with limited sales.
Why are software development cost so high?
because lots of IT professionals,technicians,designers needs to be paid
Why are costs so high?
because people want more money than just 40.00
What has the author Roger Poulin written?
Roger Poulin has written: 'A study of the recurrent costs of development projects in Somalia' -- subject(s): Budget, Costs, Economic development projects, Finance, Sustainable development
Why are GMs costs so high?
because people want more money than just 40.00
What is the reason it costs so much to run the government?
Because all the government officials have high salaries!
Why are the costs of developing a new product so high?
The costs of developing a new product are high due to several factors, including extensive research and development (R&D) required to innovate and ensure product viability. Additionally, there are significant expenses related to prototyping, testing, and compliance with regulatory standards. Marketing, distribution setup, and the need for skilled labor further contribute to the overall costs, making it a substantial investment for companies. Finally, the risk of failure adds to the financial burden, as many new products do not succeed in the market.
What is the journal entry for capitalising development cost?
To capitalize development costs, debit the Development Costs asset account for the amount capitalized and credit the Cash or Accounts Payable account if payment was made. This allows the costs to be spread out over the useful life of the asset rather than expensing them immediately.
What is the criteria for development costs?
Development costs are typically capitalized when they meet specific criteria, such as the technical feasibility of completing the asset, the intention to complete it for use or sale, and the ability to use or sell it. Additionally, the organization must demonstrate that it has the resources necessary to complete the project and can reliably measure the costs attributable to the development phase. Costs that do not meet these criteria are generally expensed as incurred.
Why does animal jam make membership costs so high?
they need the money to support the site and to keep it up!
