Generally, which of the following costs are capitalized for self-constructed assets?
A) materials and labor only
B) labor and overhead only
C) materials and overhead only
D) materials, labor, and overhead

Question

Quizplus · Accepted Answer

For self-constructed assets, all costs that are directly attributable to the construction process, including materials, labor, and overhead, are capitalized.

Generally, Which of the Following Costs Are Capitalized for Self-Constructed