Maurice Tutor

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About Maurice Tutor

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Expertise:
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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 2 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 01 Aug 2017 My Price 7.00

Mist City Car Wash

Mist City Car Wash purchased a new brushless car-washing machine for one of its bays.
The machine cost $31,800. Mist City borrowed the purchase price from its bank on a one-year, 12 percent note payable. Mist City paid $500 to have the machine transported to its place of business and an additional $200 in shipping insurance. Mist City incurred the following costs as a part of the installation:
Plumbing …………………………….$2,700
Electrical ……………………………. 1,640
Water (for testing the machine) …….. 35
Soap (for testing the machine) ……… 18
During the testing process, one of the motors became defective when soap and water entered the motor because its cover had not been installed properly by Mist City’s employees. The motor was replaced at a cost of $450.

Required:
Compute the cost of the car-washing machine.

Answers

Maurice Tutor
(5)
Status NEW Posted 01 Aug 2017 04:08 PM My Price 7.00

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