The ________ is a regulatory document filed with the SEC that describes the details of the IPO and is meant to help investors make informed decisions

Broadway corporation was granted a patent on a product on January 1, 2001. to protect its patent, the corporation purchased on January 1, 2012 a patent on a competing product which was originally issued on January 10, 2008. because of its unique plant, broadway corporation does not feel th ecompeting patent can be used in producing a product. the cost of the competing patent should be

a. amortized over a maximum period of 20 years b. amortized over a maximum period of 16 years c. amortized over a maximum period of 9 years d. expensed in 2012

Manufacturing overhead applied is added to direct labor incurred and to what other item to equal total manufacturing costs for the period?

a. Goods available for sale. b. Raw materials purchased. c. Work in process. d. Direct materials used.