Intermediate accounting | cases ProteinzCosts incurred Costs incurred in order to obtain government approvals and patents: Purchase of equipment to be used to manufacture the protein supplement: Materials and services consumed in development of formula: Payroll and consulting expenses incurred in the design of a logo and packaging: Marketing of the product in tness magazines: Cost of efforts to rene, improve, and enhance the formula: Materials used in preproduction pilot testing: $ 34,?50 177,500 88,000 $1,265,050 33,000 550,000 345,000 37,800