Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 03 Feb 2018 My Price 5.00

DuBoise Manufacturing


(Learning Objectives 1, 4: Allocate costs to assets acquired in a lump-sum purchase; dispose of a plant asset) DuBoise Manufacturing bought three used machines in a $164,000 lump-sum purchase. An independent appraiser valued the machines as shown in the table.

 

What is each machine’s individual cost? Immediately after making this purchase, DuBoise sold machine 3 for its appraised value. What is the result of the sale? (Round decimals to three places when calculating proportions, and use your computed percentages throughout.)

 

Answers

Maurice Tutor
(5)
Status NEW Posted 03 Feb 2018 11:02 PM My Price 5.00

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