{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/910/20/#30-initial-measurement","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"910","topic_title":"Contractors—Construction","subtopic":"910-20","subtopic_title":"Contract Costs","section":{"number":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":"Operating Unit Cost for Construction Equipment","paragraphs":[{"citation":"910-20-30-1","para":"30-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_D1C33345-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">In applying the use rate theory (see paragraph <a href=\"/asc/910/20/#910-20-25-1\" class=\"xref\">910-20-25-1</a>), all of the following factors shall be considered: </span></span><ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_D1C334B6-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The cost of the equipment, less estimates of its salvage value or rental if it is leased </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_D1C335E6-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The probable life of the equipment </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">c</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_D1C33706-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The average idle time during the life or period of hire of the equipment </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">d</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_D1C33870-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The costs of operating the equipment, such as repairs, storage, insurance, and taxes. </span></span></div></li></ol></div></div>","snippet":"In applying the use rate theory (see paragraph 910-20-25-1), all of the following factors shall be considered:\n(a) The cost of the equipment, less estimates of its salvage value or rental if it is leased\n(b) The probable…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b41d1b97cfa2f08e1e610aa2ce9dd5f214fcf2417e8fac724f576658c3f3c5d3","downloaded_from":"2026-09-10T02:09:44.538Z","last_downloaded_at":"2026-09-10T02:09:44.538Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482355","source_sha256":"b083f0aa32718039f40461ef2fcbcd1991f833a2adf636f1fa6daf1d5f725fdd"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ed9430d4d468e8ffd52445d1812c88ac80a0c6181f7427b5204401adeb4e5ba6","downloaded_from":"2026-09-10T02:09:44.538Z","last_downloaded_at":"2026-09-10T02:09:44.538Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482355","source_sha256":"b083f0aa32718039f40461ef2fcbcd1991f833a2adf636f1fa6daf1d5f725fdd"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cfcf6ac6980708521099346b337a95fdc82f8d5d2a688eedcdd532871688190e","downloaded_from":"2026-09-10T02:09:44.538Z","last_downloaded_at":"2026-09-10T02:09:44.538Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482355","source_sha256":"b083f0aa32718039f40461ef2fcbcd1991f833a2adf636f1fa6daf1d5f725fdd"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cfcf6ac6980708521099346b337a95fdc82f8d5d2a688eedcdd532871688190e","downloaded_from":"2026-09-10T02:09:44.538Z","last_downloaded_at":"2026-09-10T02:09:44.538Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482355","source_sha256":"b083f0aa32718039f40461ef2fcbcd1991f833a2adf636f1fa6daf1d5f725fdd"}}