What will be the total amount capitalised in respect

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Reference no: EM133443777

Question: Foster has built a new factory incurring the following costs (€):

- land 1,200,000;

- materials 2,400,000

- labour 3,000,000

- Architect's fees 25,000

- Surveyor's fees 15,000

- Site overheads 300,000

- Apportioned administrative overheads 150,000

- Testing of fire alarms 12,000

- Business rates for first year 12,000

What will be the total amount capitalised in respect of the factory ?

Reference no: EM133443777

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