Solution-What total cost should be capitalized as

What total cost should be capitalized as intangible assets

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Problem 1: Ophelie Company acquired a trademark relating to the introduction of a new manufacturing process. The entity incurred the following costs : Cost of trademark 7,000,000; Expenditure on promoting the new product 100,000; Employee benefits relating to the testing of the proper functioning of the new process 400,000. What total cost should be capitalized as intangible assets ?

Reference no: EM132725573

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What total cost should be capitalized as intangible assets

Reference no: EM132725573

Reference no: EM132725573

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