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please answer these questions Required information (The following information applies to the questions displayed below.) Chilton Peripherals manufactures printers, scanners, and other computer peripheral equipment.
please answer these questions
Required information (The following information applies to the questions displayed below.) Chilton Peripherals manufactures printers, scanners, and other computer peripheral equipment. In the past, the company purchased equipment used in manufacturing from an outside vendor. In March 2021. Chilton decided to design and build equipment to replace some obsolete equipment. A section of the manufacturing plant was set aside to develop and produce the equipment. Additional personnel were hired for the project. The equipment was completed and ready for use in September 2. Choose two alternatives for the inclusion of overhead costs in the cost of the equipment constructed by Chilton (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) Assign overhead on the same basis that is used for the regular manutacturing process Exclude all incremental costs from overhead Include all indirect costs as depreciation and the salaries of supervisors include only the incremental overhead costs in the total cost of construction Required information [The following information applies to the questions displayed below) Chilton Peripherals manufactures printers, scanners, and other computer peripheral equipment. In the past, the company purchased equipment used in manufacturing from an outside vendor. In March 2021, Chilton decided to design and build equipment to replace some obsolete equipment. A section of the manufacturing plant was set aside to develop and produce the equipment. Additional personnel were hired for the project. The equipment was completed and ready for use in September Required: 1. In general, what costs should be capitalized for a self-constructed asset Step by Step Solution
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