Jackson Ltd is developing computer software for use in its courier delivery service business. So far the company had spent $50 000 but the software is still unfinished and not expected to be
finished in time for the preparation of the reports. As a result, the company had to purchase a
computer package amounting to $100 000 to finalise its accounts. There is no further use for the
unfinished software as it is expected that the purchased computer package could be used by the
entity for another 10 years. Which accounting treatment would be consistent with the
framework?
ion
34
Finish
Select one
O a Recognise an asset of $100 000 and expense of S50 000.
Time
O b. Recognise an asset of $150 000
O c Recognise an expense of $150 000
od Recognise an asset of 550 000 and expense of S100 000.

What do you recommend adam do to increase production in a business setting that does not seem to value high productivity?

Magic realm, inc., has developed a new fantasy board game. the company sold 15,000 games last year at a selling price of $20 per game. fixed expenses associated with the game total $182,000 per year, and variable expenses are $6 per game. production of the game is entrusted to a printing contractor. variable expenses consist mostly of payments to this contractor. required: 1-a. prepare a contribution format income statement for the game last year.1-b. compute the degree of operating leverage.2. management is confident that the company can sell 58,880 games next year (an increase of 12,880 games, or 28%, over last year). given this assumption: a. what is the expected percentage increase in net operating income for next year? b. what is the expected amount of net operating income for next year? (do not prepare an income statement; use the degree of operating leverage to compute your answer.)

What talents or skills do u admire most in others