According to IAS 16 , following costs can be capitalized

Current Attempt in Progress Pharoah Manufacturing lnc: is installing a, newplaiit at its produc Oril ci'i . ii asi curved thesqcos s: I A' , $2,460, OOO. 205,006 Initial delivery and handling costs Cost of site preparation 603,000 10810001 Consultantsused for advice On the acquiisition of' the plant) : ' 000 Interest chargs paid to supplier of plant (indirect finantingcharges ,ora ouncs bo/rovyed by Usupplier)j Estimated dismantling Cosfs to be ipcurred after seve j:yei? 309000 pi;ooo Operating losses before commercial production Determine which costs Pharoah Maufadtuqing capi!alize in agcordanc With IAS 161 ecoiding to IAS 16, followinkcosts can be capitalized. e Textbook and Mediaj Saue for Lavr Attempts: O of 3 used Submit Answer