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Construction $592,800 41,496 563,160 148,200 88,920 13,042 Material and purchased parts (gross cost $592,800; failed to take 1% cash discount) Imputed interest on funds used
Construction $592,800 41,496 563,160 148,200 88,920 13,042 Material and purchased parts (gross cost $592,800; failed to take 1% cash discount) Imputed interest on funds used during construction (stock financing) Labor costs Allocated overhead costs (fixed-$59,280; variable-$88,920) Profit on self-construction Cost of installing equipment Compute the total cost for each of these two pieces of equipment. Purchase equipment Construction equipment Click if you would like to Show Work for this question: Open Show Work 361904 1352770 SHOW SOLUTIONSHOW
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