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help me asap 534 Chapter 10 Acquisition and Disposition of Property, Plant,, and Equipment Purchase Cash paid for equipment, including sales tax of $5,000 Freight
help me asap 534 Chapter 10 Acquisition and Disposition of Property, Plant,, and Equipment Purchase Cash paid for equipment, including sales tax of $5,000 Freight and insurance cost while in transit Cost of moving equipment into place at factory Wage cost for technicians to test equipment Insurance premium paid during first year of operation on this equipment Special plumbing fixtures required for new equipment Repair cost incurred in first year of operations related to this equipment $105,000 2,000 3,100 4,000 1,500 8,000 1,300 Construction Material and purchased parts (gross cost $200,000; failed to take 2 % cash discount) Imputed interest on funds used during construction (stock financing) Labor costs Allocated overhead costs (fixed-$20,000; variable-$30,000) Profit on self-construction Cost of installing equipment $200,000 14,000 190,000 50,000 30,000 4,400 Instructions Compute the total cost for each of these two pieces of equipment. If an item is not capitalized as a cost of the equipment, indicate how it should be reported. ntion incurred the follow- Merge Format Painter Font Alignment Clipboard Exercise 10-4 Purchase and Self-Constructed Assets. Pages A1 B D E F K 1Exercise 10-4 Purchase and Self-Constructed Assets. Pages 533-534 2 3 4 Purchase Acquisition Cost 5 6 7 8 9 10 11 12 Explanation of how a cost should be reported if not capitalized as part of the acquisition cost 13 14 15 16 17 18- 19 Self Constructed Cost 20 21 22 23 24 25 26 27 28 Explanation of how a cost should be reported if not capitalized as part of the acquisition cost 29 30 31 32 33 34 35 36 37 3a 39 40 41 42 43 44 AS E10-3 E10 4 E10-7 Ready E10-19 P10-4 O Type here to search li Nm
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