Worf Co. both purchases and constructs various equipment it uses in its operations. The following items for two different types of equipment were recorded in random order during the calendar year 2014.O Purchase Cash paid for equipment, including sales tax of $14,350 $301,350Freight and insurance cost while in transit 5,740Cost of moving equipment into place at factory 8,897Wage cost for technicians to test equipment 11,480Insurance premium paid during first year of operation on this equipment 4,305Special plumbing fixtures required for new equipment 22,960Repair cost incurred in first year of operations related to this equipment 3,731O Construction Material and purchased parts (gross cost $574,000; failed to take 1% cash discount) $574,000Imputed interest on funds used during construction (stock financing) 40,180Labor costs 545,300Allocated overhead costs (fixed-$57,400; variable-$86,100) 143,500Profit on self-construction 86,100Cost of installing equipment 12,628
Required:
1. Compute the total cost for each of these two pieces of equipment.