Mappleback Incorporated had recently completed construction of a new manufacturing facility. Prior to the approval of the
Question:
Material............. $ 300,000
Labour ............... 600,000
Incremental overhead ......... 120,000
General overhead .......... 50,000
Interest costs .......... 100,000
Cost permits .......... 20,000
Required:
Provide the total amount of construction costs that would be capitalized to the cost of the building.
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Related Book For
Intermediate Accounting
ISBN: 978-0071339476
Volume 1, 6th Edition
Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I
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