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How much is expensed

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Problem 1: Perenyi Company, a major winery, started construction of a new facility in Palawan. The entity incurred the following costs in conjunction with the start-up activities of the new facility: Production equipment 16,300,000; Travel costs of salaried employees 800,000; Licensing and other fees in securing patent 280,000; Training of local employees for production and maintenance operations 2,400,000; Advertising costs 1,700,000. How much is expensed?

Reference no: EM132725566

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