Question
Various equipment used by BASSOON CO. in its operations are purchased from dealers or. The following items were recorded during the calendar year 2016.
Various equipment used by BASSOON CO. in its operations are purchased from dealers or. The following items were recorded during the calendar year 2016. (in thousands) Materials and purchased parts at gross invoice price (Failed to take 2% discount) Imputed interest on funds used during construction (stock financing) Labor costs Overhead costs (fixed-P40K:variable-P60K) Gain on self-construction Installation cost What is the total cost of the self-constructed asset? 450 36 185 100 74 8.6
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