Part $3$: You buy a machine. In the problem, you will be given the list price, and other factors such as a discount you are offered, Sales Tax, installation costs, etc The tricky part of this problem will be deciding whether minor damage after installation should go to cost or to a repair expense account $$ what it reasonable and necessary.

For this review which of the following would be included or taken in to consideration? Why?

$1.$ Original list price

$2.$ Freight when terms are FOB Destination

$3.$ Remodeling the factory so that the new machine will have the proper sized space to be located

$4.$ Special electrical wiring in the factory to operate the new machine

$5.$ Freight when terms are FOB Shipping point

$6.$ Someone operating a fork lift runs in to the side of the machine and you have the minor damage repaired.

$7.$ Painting the machine so that it will match the d$$cor of the factory

$8.$ Painting certain parts of the machine as a safety alert

$9.$ Safety and instruction signs

$10.$ Paying to have a special crate made for the machine to ride in as it is shipped

from the factory