mgt401 gdb correct solution

On Tue, Nov 15, 2011 at 10:05 AM, anjum riaz <anjum.ckl@gmail.com> wrote:

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-Costs of Howard Pharmaceutical Inc accordance with IAS 16 – Property, Plant & Equipment: Cost of plant (inclusive of income tax 200000 note 1) 2700000 Initial delivery & handling cost 200000 Cost of site preparation 600000 Consultant hired for advice on the acquisition of the plant 700000 Interest charges paid to supplier of plant for deferred credit 200000 Estimated dismantling cost to be incurred after 7 year 300000 Total cost 4700000 (note 1: income tax 200000 is already included in cost of plant)

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