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A consulting services entity, wins a competition bid to provide consulting services to a new customer. The following costs were incurred by the entity to
A consulting services entity, wins a competition bid to provide consulting services to a new customer. The following costs were incurred by the entity to obtain the contract: External legal fees for due diligence 15,000 $ Travel costs to deliver the proposal 25,000 $ Commissions paid to sales employees 10,000 $ Total costs incurred ???? $ Give your calculations and explanations
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