Worthington Chandler Company purchased equipment for $10,000. Sales tax on the purchase was $500. Other costs incurred were freight charges of $200, repairs of $350 for damage during installation, and installation costs of $225. What is the cost of the equipment? A. $10,000 b. $10,500 c. $10,925 d. $11,275 Fogelberg Company purchased equipment for $12,000. Sales tax on the purchase was $600. Other costs incurred were freight charges of $240, repairs of $420 for damage during installation, and installation costs of $270. What is the cost of the equipment? A. $12,000. B. $12,600. C. $13,110. D. $13,530. What amount of overhead should be included in the cost of the self-constructed asset? A. $ -0b. What amount of overhead should be included in the cost of the self-constructed asset? A. $ -0b.
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