Fundamentals of Accounting II Dashboard / My courses / AcFn-2012 / Fundamentals of Accounting Il: EXAMI July & August 2023 / Fundamentals of Accounting II RMD2014E RMD2014F Time lell 0a03:16 Question 7 Answer saved Marked out of 1.00 Fiag question FAC6. Which of the following should be capitalized when a piece of production equipment is acquired for a factory? a. Installation costs b. Sales tax c. All d. Transportation costs Clear my choice.

c

When acquiring a piece of production equipment for a factory, all the associated costs including installation costs, sales tax, and transportation costs are capitalized. These costs are considered as part of the acquisition cost and are necessary to get the asset ready for its intended use. Therefore, the correct answer is option C, "All".