Question: with solution Question 41 2 pts 41. Grab Manufacturing Co. purchased a 10-ton draw press at a cost of P180,000 with terms of 5/15, n/45.
Question 41 2 pts 41. Grab Manufacturing Co. purchased a 10-ton draw press at a cost of P180,000 with terms of 5/15, n/45. Payment was made within the discount period. Shipping costs were P4.600, which included $200 for insurance in transit. Installation costs totaled P12,000, which included P4,000 for taking out a section of a wall and rebuilding it because the press was too large for the doorway. Determine the net purchase price of the 10-ton press, directly attributable cost and the total capitalized cost. A P 180,000; P12,600; P192,600 B. P 171.000; P12,600 :P183,600 C. P189,600: P4,600: P187,600 D. P183.600: PB,000; P185,760 COA OD OC
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
