Dane ASA both purchases and constructs various equipment it uses in its operations. The following items for two different types of equipment were recorded in random order during the calendar year 2022.

Purchase

Cash paid for equipment, including sales tax of €5,000 .................................................... €105,000

Freight and insurance cost while in transit ............................................................................... 2,000
Cost of moving equipment into place at factory ...................................................................... 3,100
Wage cost for technicians to test equipment ........................................................................... 6,000
Insurance premium paid during first year of operation on this
equipment .................................................................................................................................... 1,500
Special plumbing fixtures required for new equipment ......................................................... 8,000
Repair cost incurred in first year of operations related to this
equipment ..................................................................................................................................... 1,300

Construction
Material and purchased parts (gross cost €200,000; failed to take .......................................... 1%
cash discount) ........................................................................................................................... €200,000
Imputed interest on funds used during construction (share financing) ............................... 14,000
Labor costs ................................................................................................................................. 190,000
Allocated overhead costs (fixed—€20,000; variable—€30,000) ............................................. 50,000
Profit on self-construction ........................................................................................................... 30,000
Cost of installing equipment ......................................................................................................... 4,400

Instructions

Compute the total cost for each of these two types of equipment. If an item is not capitalized as a cost of the equipment, indicate how it should be reported.