Cost of Machinery 15lakhs Freight 25000 Cartage 2000 Installation 18000 Testing 40000 Fin...........

Accountancy (Phase -I & II) Accounting cycles

Cost of Machinery- 15lakhs

Freight- 25000

Cartage- 2000

Installation- 18000

Testing- 40000

Find out Cost of Machine?

15,00,000

15,85,000

15,40,000

15,45,000

- To find the total cost of the machine, add all expenses related to acquiring and setting it up.

- Start with the cost of machinery, which is 15,00,000.

- Include freight charges of 25,000.

- Add cartage costs, which are 2,000.

- Consider the installation charge, which is 18,000.

- Add the testing cost, which is 40,000.

- Sum them up: 15,00,000 + 25,000 + 2,000 + 18,000 + 40,000 = 15,85,000.

The cost of the machine is Option 2: 15,85,000.

Submit Error

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Ankur sharma

thanks for feedback