Question
PEN COMPANY INCURRED THE FOLLOWING EXPENDITURES. WHAT TOTAL AMOUNT SHOULD BE CAPITALIZED? A. 2,150,000 Pen Company incurred the following expenditures: Painting partitions in a large
PEN COMPANY INCURRED THE FOLLOWING EXPENDITURES. WHAT TOTAL AMOUNT SHOULD BE CAPITALIZED?
A. 2,150,000
Pen Company incurred the following expenditures: Painting partitions in a large room recently divided into four sections Labor cost of tearing down a wall to permit extension of an assembly line Major replacement of the motor of the machine. This replacement was anticipated when the machine was purchased Cost of grading land prior to construction Dust filters in the of the factory were replaced. The new filters are expected to reduce employee health hazards. What total amount should be capitalized? 50,000 200,000 500,000 600,000 800,000
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