Wht should be included in the acquisition cost of a piece of equipment?

1. The testing cost before putting the equipment into production

2. The costs of transportation

3. The costs of installation

Explanation:

An acquisition cost, also referred to as the cost of acquisition, is the total cost that a company made in the acquisition of an equipment. It shows the true amount that was paid for the acquisition of the equipment before sales tax was applied.

1. testing costs before putting the equipment into production

2. costs of transportation

3. costs of installation

Should be included in the cost of acquisition of a new equipment.

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