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at the beginning of the year, oakmont company At...

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Accounting

at the beginning of the year, oakmont company
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At the beginning of the year, Oakmont Company bought three used machines from American Manufacturing, Inc. The machines immediately were overhauled, were installed, and started operating. Because the machines were different, each was recorded separately in the accounts Machine AMachine B Machine C Amount paid for asset Installation costs Renovation costs prior to use Repairs after production began $20,900 $11,400 $11,100 500 900 780 950 600 400 720 2,200 By the end of the first year, each machine had been operating 4,000 hours. e guineuie the cost of each machine 1. Compute the cost of each machine. Cost of Machine Machine A Machine B Machine C

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