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A contractor purchases a collating machine that can collate 1,000 documents a minute. The next year, the contractor spends $8,000 to have the machine upgraded.
A contractor purchases a collating machine that can collate 1,000 documents a minute. The next year, the contractor spends $8,000 to have the machine upgraded. After the upgrade, the machine can collate 1,400 documents a minute. According to Cost Accounting Standard (CAS) 404, what is this upgrade called
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Financial Accounting An Integrated Statements Approach
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
2nd Edition
324312113, 978-0324312119
