mba会计教材教本chap09~1.pptVIP

Plant Assets Major Categories of Plant Assets Accountable Events Acquisition. Allocation of the acquisition cost to expense over the asset抯 useful life (depreciation). Sale or disposal. Acquisition of Plant Assets Determining CostExample On May 4, Heat Co., an Ohio maker of stoves, buys a new machine from a Texas company. The new machine has a price of $52,000. Sales tax was computed at 8%. Heat Co. pays $500 shipping cost to get the machine to Ohio. After the machine arrives, set-up costs of $1,300 are incurred, along with $4,000 in testing costs. Compute the cost of Heat Co.’s new machin