In this rule, cost refers to historical cost and market refers to the current replacement cost by purchase or production.
( ( In ( this rule ) ) ( , ( cost ( ( ( refers ( to ( historical ( cost ( and ( market refers ) ) ) ) ) ) ( to ( ( the ( current ( replacement cost ) ) ) ( by ( ( purchase or ) production ) ) ) ) ) . ) ) ) )
(ROOT (S (PP (IN In) (NP (DT this) (NN rule))) (, ,) (NP (NN cost)) (VP (VBZ refers) (PP (TO to) (NP (JJ historical) (NN cost) (CC and) (NN market) (NNS refers))) (PP (TO to) (NP (NP (DT the) (JJ current) (NN replacement) (NN cost)) (PP (IN by) (NP (NN purchase) (CC or) (NN production)))))) (. .)))
The historical cost is used by the manufacturing industry.
( ( The ( historical cost ) ) ( ( is ( used ( by ( the ( manufacturing industry ) ) ) ) ) . ) )
(ROOT (S (NP (DT The) (JJ historical) (NN cost)) (VP (VBZ is) (VP (VBN used) (PP (IN by) (NP (DT the) (VBG manufacturing) (NN industry))))) (. .)))