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The Hurlburt Company incurred the following costs in the acquisition of a plant asset: Invoice price $1,800 Purchase discount lost 50 Freight-in 200 Installation 150
The Hurlburt Company incurred the following costs in the acquisition of a plant asset:
Invoice price | $1,800 |
Purchase discount lost | 50 |
Freight-in | 200 |
Installation | 150 |
Cost of trial runs | 100 |
What is the cost of the plant asset?
a. | $1,800 |
b. | $2,150 |
c. | $2,214 |
d. | $2,200 |
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