Intangible Assets F20-19b

Name some items included in research and development cost.

1. Laboratory research.
2. Conceptual formulation, and design of possible products or process alternatives.
3. Modification of the formulation, or design of a product or process.
4. Design, construction, and testing of preproduction prototypes and models.
5. Design of tools, jigs, molds, and dies involving new technology.
6. Design of a pilot plant.