DuBoise Manufacturing bought three used machines in a $192,000 lump-sum purchase. An independent appraiser valued...
70.2K
Verified Solution
Link Copied!
Question
Accounting
DuBoise Manufacturing bought three used machines in a $192,000 lump-sum purchase. An independent appraiser valued the machines as shown: (Click on the icon to view the appraised values.) Data table Read the requirement. What is each machine's individual cost? (Round decimals to three places when calculating proportions, and use your computed percentages in all calculations.) Machine 1 's cost is Machine 2's cost is Machine 3's cost is Immediately after making this purchase, DuBoise sold Machine No. 3 for its appraised value. What is the result of the sale? (Use a minus sign or parentheses for a loss.) The result of the sale is a gain (loss) of Requirement 1. What is each machine's individual cost? Immediately after making this purchase, DuBoise sold Machine No. 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 in all calculations.)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
DuBoise Manufacturing bought three used machines in a $192,000 lump-sum purchase. An independent appraiser valued the machines as shown: (Click on the icon to view the appraised values.) Data table Read the requirement. What is each machine's individual cost? (Round decimals to three places when calculating proportions, and use your computed percentages in all calculations.) Machine 1 's cost is Machine 2's cost is Machine 3's cost is Immediately after making this purchase, DuBoise sold Machine No. 3 for its appraised value. What is the result of the sale? (Use a minus sign or parentheses for a loss.) The result of the sale is a gain (loss) of Requirement 1. What is each machine's individual cost? Immediately after making this purchase, DuBoise sold Machine No. 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 in all calculations.) 