Smith & sons obtained a patent for a new optical scanning device. the fees incurred to file for the patent and to defend the patent in court against several companies which challenged the patent amounted to $45,000. smith & sons concluded that the expected economic life of the patent was 12 years. calculate the amortization expense that should be recorded in the second year, and record the journal entry for the amortization expense on the books of smith & sons. $

Caleb construction (cc) incurs supervisor salaries expense in the construction of homes. if cc manufactures 100 homes in a year, fixed supervisor salaries will be $400,000. with the current construction supervisors, cc's productive capacity is 150 homes in a year. however, if cc is contracts to build more than 150 homes per year, it will need to hire additional supervisors, which are hired as full-time rather than temporary employees. cc's productive capacity would then become 200 homes per year, and salaries expense would increase to $470,000. how would cc’s salaries expense be properly classified? fixed variable mixed stepped curvilinear