We appreciate your visit to Cainas Cookies purchases a used commercial oven on 1 1 14 The costs associated with the oven are as follows Cost of the oven 35. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
The acquisition cost of the oven for Caina's Cookies is $37,250, which includes the purchase price, sales tax, installation, and transportation costs.
The acquisition cost of the oven for Caina's Cookies would include the initial purchase cost, sales tax, installation cost, and transportation cost. The cleaning supplies and new oven racks are subsequent costs and not part of the initial acquisition cost. Therefore, the acquisition cost is calculated by adding the purchase cost of $35,000, sales tax of $150, installation cost of $1,000, and transportation cost of $1,100. The cleaning supplies and new oven racks are considered operating expenses and not capital expenditures.
Total acquisition cost = Purchase cost + Sales tax + Installation cost + Transportation cost = $35,000 + $150 + $1,000 + $1,100 = $37,250.
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The whole cost of purchasing an item is referred to as the acquisition cost is 37,550
Explain about the acquisition cost?
An acquisition cost is the overall price that a business records for acquiring property or equipment on its books, less any discounts, incentives, closing expenses, and other essential outlays, but before sales taxes. It's not the same as the real invoice amount for the goods or services.
The full price paid to acquire an item is referred to as the acquisition cost. These expenses cover everything from site preparation to installation and testing to shipment, sales taxes, and customs duties. Acquisition costs for buying property might include closing charges, surveying fees, and paying off liens.
Take the overall cost of marketing over a specified time period and divide it by the total number of new consumers in that same time period to determine cost per acquisition.
=35000+150+1000+1100+100+200
= 37550
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