Question 12 of 29 -/3 View Policies Current Attempt in Progress Sunland Manufacturing Inc. is...
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Question 12 of 29 -/3 View Policies Current Attempt in Progress Sunland Manufacturing Inc. is installing a new plant at its production facility. It has incurred thes costs: Cost of the manufacturing plant (cost per supplier's invoice plus non-recoverable taxes) Initial delivery and handling costs Cost of site preparation Consultants used for advice on the acquisition of the plant Interest charges paid to supplier of plant indirect financing charges for amounts borrowed by supplier) Estimated dismantling costs to be incurred after seven years Operating losses before commercial production $2,510,000 203.000 607.000 710,000 201.000 307.000 407.000 Determine which costs Sunland Manufacturing Inc. can capitalize in accordance with IAS 16. According to IAS 16. following costs can be capitalized: $ hp Question 12 of 29 Interest charges paid to suppli of lant (indirect financing charges for amounts borrowed by supplier) Estimated dismantling costs to be incurred after seven years Operating losses before comme cial production Determine which costs Sunland Tanufacturing Inc. can capitalize in accordance with IAS 16. According to IAS 16. following costs can be capitalized: $ S Attempts: 0 of 1 use
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