ABC Company spends ₱75,000 for determining the technological feasibility of certain computer software. After the technological feasibility has been established, ABC spends another ₱75,000 for completing the software’s production.How much does the capitalized computer software cost?

ABC Company purchases a patent from XYZ Company for the price of ₱250,000 and incurs legal and consulting fees related to the purchase in the amounts of ₱60,000 and ₱40,000, respectively. The patents remaining life is 15 years, but because of the market competition, its useful life is estimated to be only 10 years.What is the total acquisition cost of the patent?

A computer system bought by a business costs $3450.If the business can depreciate the computer by 50% the first year and then 40% of the remaining value the second year, how much is the computer worth at the end of two years?

ABC Company purchases a copyright for ₱120,000 and incurs legal fees of ₱15,000 related to purchase. The estimated economic life of the copyright is 36 years. What is the amount of annual amortization?

Daniel bought a desktop computer and a laptop computer. Before finance charges, the laptop cost US$300 more than the desktop. He paid for the computers using two different financing plans. For the desktop the interest rate was 9% per year, and for the laptop it was 7% per year. The total finance charges for one year were US$365. How much did each computer cost before finance charges?

Amy buys a new computer for her studies for $1500. She receives consumer surplus of $250 from the purchase. How much does Amy value her computer? A. $1250 B. $1750 C. $1500 D. $250