Business, 30.03.2020 21:09, queenkendra16

To automate one of its production processes, the Milwaukee Corporation bought three flexible manufacturing cells at a price of $470 comma 000 each. When they were delivered, Milwaukee paid freight charges of $30 comma 000 and handling fees of $16 comma 000. Site preparation for these cells cost $39 comma 000. Four foremen, each earning $29 an hour, worked five 40-hour weeks to set up and test the manufacturing cells. Special wiring and other materials applicable to the new manufacturing cells cost $3 comma 600. Determine the cost basis (amount to be capitalized) for these cells

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To automate one of its production processes, the Milwaukee Corporation bought three flexible manufac...