The following expenditures relate to machinery purchased by Callabasas Manufacturing:
Purchase price $16,000
Transportation costs 800
Installation 500
Testing 2,000
Repair of part broken during shipment 300
At what amount should Callabasas capitalize the machinery?
a. $17,300
b. $19,300
c. $19,600
d. $17,600

$19300

Explanation:

Given: Manufacturing: -

Purchase price $16,000

Transportation costs 800

Installation 500

Testing 2,000

Repair of part broken during shipment 300.

Now, finding the amount to capitalize the machinery.

Amount of machinery capitalization=

⇒ Amount of machinery capitalization=  

∴  Amount of machinery capitalization=

Hence, $19300 should calabasas capitalize the machinery.

and whats your questoin

answer; the coefficient of determination;