Which of the following costs would be excluded from the acquisition cost of equipment purchased from a supplier?
A) Cost to install the equipment.
B) A purchases discount offered by the supplier.
C) The cost of freight paid to get the equipment to our factory.
D) The cost to widen an entrance in the building to bring the equipment into the facilities.

Question

Quizplus · Accepted Answer

A purchases discount offered by the supplier is not included in the acquisition cost of equipment.

Which of the Following Costs Would Be Excluded from the Acquisition