Assume a company appropriately determines the total cost of a purchased entity. Explain how the company allocates this total cost to the following assets.

1. Goodwill
2. Negative goodwill (bargain purchase)
3. Marketable securities
4. Receivables
5. Finished goods
6. Work in process
7. Raw materials
8. Plant and equipment
9. Land and mineral reserves
10. Payables
10. k. Goodwill recorded by acquired company