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MMLU / During year 2 Pipp Co. incurred the following costs to develop and produce a…

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question

During year 2 Pipp Co. incurred the following costs to develop and produce a routine low-risk computer software product: Completion of detailed program design 10000Costsincurredforcodingandtestingtoestablishtechnologicalfeasibility10000 Costs incurred for coding and testing to establish technological feasibility 15000 Other coding and testing costs incurred after establishment of technological feasibility $44000 In Pipp's December 31 year 2 balance sheet what amount should be capitalized as software cost?
Plain-text mathematical notation (without MathML)
During year 2 Pipp Co. incurred the following costs to develop and produce a routine low-risk computer software product: Completion of detailed program design 10000Costsincurredforcodingandtestingtoestablishtechnologicalfeasibility15000 Other coding and testing costs incurred after establishment of technological feasibility $44000 In Pipp's December 31 year 2 balance sheet what amount should be capitalized as software cost?
Original LaTeX notation
During year 2 Pipp Co. incurred the following costs to develop and produce a routine low-risk computer software product: Completion of detailed program design $10000 Costs incurred for coding and testing to establish technological feasibility $15000 Other coding and testing costs incurred after establishment of technological feasibility $44000 In Pipp's December 31 year 2 balance sheet what amount should be capitalized as software cost?

choices

  1. $10,000
  2. $25,000
  3. $44,000
  4. 59000

subject

professional_accounting

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Source and history

task_id
4d103e5f-864a-5163-9711-0b100ca6e198
task_key
all--test--4d103e5f-864a-5163-9711-0b100ca6e198
task_revision_id
1
config / split
all / test

Official source

initial import