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  3. Study Set
    Intermediate Accounting Study Set 9
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    Exam 10: Acquisition and Disposition of Property, Plant, and Equipment
  5. Question
    When a Company Purchases Land as a Site for a Plant
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When a Company Purchases Land as a Site for a Plant

Question 27

Question 27

Multiple Choice

When a company purchases land as a site for a plant, interest costs capitalized during the period of construction are part of the:


A) period cost.
B) cost of acquisition.
C) cost of the plant.
D) cost of the land.

Correct Answer:

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