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katrin2010 [14]
3 years ago
5

The Daily Grind sells coffee makers. Its inventory of coffee makers without timers cost $20,000 and is now valued at $10,000. It

s inventory of coffee makers with timers cost $35,000 and is valued at $35,000. What is the value of the Daily Grind's inventory assuming it has 5 units of each type of coffee maker?
Business
1 answer:
zysi [14]3 years ago
5 0
Daily grinds inventory value = coffee maker with timer value x n units + coffee maker without timer in x  n units

where:
coffee maker with timer value = $35000 
coffee maker without timer = $10000 
n= 5 units each

Daily grinds coffee maker inventory value = ($35000 x 5)+( $10000 x 5)
                                                                   = $225000


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2. Equipment         Property, Plant, & Equipment    Plant Assets

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