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.
Answer: C
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.
Answer: C