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COST AND MANAGEMENT ACCOUNTING 1

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(Querist)
13 October 2021 A COMPANY SPENDS 10 CRORE ON RESEARCH AND DEVELOPMENT OF A PRODUCT TO BE SOLD IN THE MARKET. WHEN PREPARING A COST SHEET HOW IN THE REAL WORLD R&D COST IS ASSIGNED TO THE PRODUCT. CAN YOU EXPLAIN BREIFLY
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
13 October 2021 Charge Research and development cost over a period of 5 years.
Allocate yearly R and D cost over estimated yearly production.

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