DESCRIPTION
This module is an introduction to the 263A UNICAP rules for producers and resellers. Students will discuss the general capitalization rules for the production or acquisition of tangible property and examine the mixed service and cost allocation methods specific to both producers and resellers.
LEARNING OBJECTIVES
- Discuss the requirements of Section 263A UNICAP and the cost used in the calculation.
- Examine Mixed Service and Cost allocation methods for producers.
- Examine Mixed Service and Cost allocation methods for resellers.
