Danson Corp. is expanding its operations. Due to the expansion, they incurred the following costs during...
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Danson Corp. is expanding its operations. Due to the expansion, they incurred the following costs during the fiscal period when they constructed a new Shopping centre: Direct labour Total Loan Interest (80% to finance expansion). Architectural drawings. Purchase of company car for the new plant manager Direct material for the shopping centre......... Allocation of overhead based on labour hours worked on shopping Centre........... Imputed interest on lost opportunity costs 215,000 12,000 25,000 32,000 321,000 63,000 12,000 Instructions Calculate costs that should be included in the cost of the new shopping centre? Danson Corp. is expanding its operations. Due to the expansion, they incurred the following costs during the fiscal period when they constructed a new Shopping centre: Direct labour Total Loan Interest (80% to finance expansion). Architectural drawings. Purchase of company car for the new plant manager Direct material for the shopping centre......... Allocation of overhead based on labour hours worked on shopping Centre........... Imputed interest on lost opportunity costs 215,000 12,000 25,000 32,000 321,000 63,000 12,000 Instructions Calculate costs that should be included in the cost of the new shopping centre?
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