Homework Answers
Development expenditure should be amortized on the basis of expected benefits derived from them.
| DEVELOPMENT EXPENDITURE = $ 600000 | |
| AMORTIZATION IN SALES RATIO | |
| YEAR 1 | 600000 * 400000 / 900000 |
| 2,66,666.67 | |
| YEAR 2 | 600000 * 300000 / 900000 |
| 2,00,000.00 | |
| YEAR 3 | 600000 * 200000/ 900000 |
| 1,33,333.33 |
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