Dorman Company purchased a new web server on January 1. The following information and expenditures related to this acquisition were made:
Specify and justify which of the preceding expenditures should be added to the cost of the web server and disclose that cost. Indicate how the expenditures excluded from the cost of the web server would be classified.
Definitions:
Inventory Modelling
The mathematical method or system used to manage and optimize stock levels, costs, and supply chain operations.
Service Personnel
Employees or staff members who are directly involved in providing services to customers or clients.
Customer Waiting Time
The amount of time a customer waits before receiving a service or good.
Queuing Theory
A mathematical study of waiting lines or queues, focused on understanding and optimizing processes in which entities wait for service.
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