Solution-What is the correct total cost of the intangible

What is the correct total cost of the intangible assets

Assignment Help Cost Accounting

Reference no: EM132746574

Data for the computation of total intangible assets follow:

Deposits with advertising agency which will be used to promote goodwill P 45,000

Organization costs 50,000

Unamortized bond discount 155,000

Patents 244,000

Franchise to operate in Cebu 100,000

Marketing costs of introducing new products 150,000

Research and development costs expected to benefit future periods 420,000

Problem 1: What is the correct total cost of the intangible assets?

a. P744,000

b. P439,000

c. P394,000

d. P344,000

Reference no: EM132746574

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What is the correct total cost of the intangible assets

Reference no: EM132746574

Reference no: EM132746574

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