The Roger 's Company incurred the following costs in the acquisition factory production equipment Invoice price $2,675 Purchase discount lost 75 Freight in 400 Installation 750 Cost of trial runs 150 What is the capitalizable cost of the equipment a) $3,900 b) $3,825 c) $2,675 d) $4,050 ...

Amount Invoice price 2675 Less Pu ...

The Roger's Company incurred the following costs in the acquisition factory production equipment: Invoice price $2,675 Purchase

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The Roger's Company incurred the following costs in the acquisition factory production equipment:

Invoice price	$2,675
Purchase discount lost	75
Freight-in	400
Installation	750
Cost of trial runs	150

What is the capitalizable cost of the equipment?

a). $3,900

b). $3,825

c). $2,675

d). $4,050

Related Book For answer-question

Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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Posted Date: Jan 06, 2021 03:54 AM

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The Roger's Company incurred the following costs in the acquisition factory production equipment: Invoice price $2,675 Purchase

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Cost Accounting Foundations and Evolutions

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