The haulier Navexa buys route-planning software for 90,000. A consultant configures it for 8,000 and the software is capable of operating as intended on 1 March 20X1. However, Navexa only brings it into use on 1 May 20X1 and pays 2,700 of hosting for the period in between. Management control also allocates 3,500 of general overheads to the project. What is the cost of the intangible asset?
- Purchase price of the software
- 90,000
- Configuration fees
- 8,000
- Hosting between readiness and first use
- 2,700
- Allocated general overheads
- 3,500