Matt Lab Berhad's main activities are research and development. Currently, it develops a chemical formula for cleaning materials. The prototype is near completion. The cost of the project is as...

Extracted text: Matt Lab Berhad's main activities are research and development. Currently, it develops a chemical formula for cleaning materials. The prototype is near completion. The cost of the project is as follows: Cost of Materials: RM250,000 Consultant Fees: RM75,000 Fees to register trade design: RM15,000 Selling and administrative cost allocated: RM78,000 Training cost to operate assets: RM36,000 Depreciation of Equipment: RM20,000 Required: Determine the cost of the development project that should be capitalized. Select one: O a. RM340,000 Ob. RM360,000 OC RM474.000 d. RM396.000