Assembly costs, and any other costs necessary to get a machine ready for operation, including freight costs, would be added to the cost of the machine.

Name: Assembly costs, and any other costs necessary to get a machine ready for operation, including freight costs, would be added to the cost of the machine.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

These costs are considered part of the historical cost of acquiring an asset and preparing it for its intended use, hence they are capitalized as part of the asset's cost on the balance sheet.

Assembly Costs, and Any Other Costs Necessary to Get a Machine