Chapter 9, Problem 1EYCT

(a)

To determine

Compute the total cost and book value of property, plant, and equipment at September 27, 2014.

(b)

To determine

Identify the method of depreciation used by Incorporation A for financial reporting purposes.

(c)

To determine

Mention the amount of depreciation and amortization expense for 3 years: 2012, 2013, 2014.

(d)

To determine

Indicate the amounts of property, plant, and equipment purchased in 2014 and 2013.

(e)

To determine

Explain the accounting treatment for its intangible assets in 2014.