Question:
To automate one of its production processes the Milwaukee
Last updated: 2/10/2024
To automate one of its production processes the Milwaukee Corporation bought three flexible manufacturing cells at a price of 450 000 each When they were delivered Milwaukee paid freight charges of 16 000 and handling fees of 18 000 Site preparation for these cells cost 35 000 Five foremen each earning 24 an hour worked five 40 hour weeks to set up and test the manufacturing cells Special wiring and other materials applicable to the new manufacturi cells cost 3 000 Determine the cost basis amount to be capitalized for these cells The cost basis for these cells is Round to the nearest dollar