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ipn [44]
3 years ago
14

Boone Company purchased a piece of machinery by paying $18,000 cash. In addition to the purchase price, the company incurred $80

0 freight charges. The machine has an estimated useful life of 5 years and will require $600 for insurance over that period. Boone Company would record the cost of the machine at
Business
1 answer:
Mkey [24]3 years ago
4 0

Answer:

The correct answer is $18920.

Explanation:

Boone Company purchased a piece of machinery by paying $18,000 cash.

In addition to the purchase price, the company incurred $800 freight charges.

Estimated useful life of the machine is 5 years and will require $600 for insurance over that period.

So insurance money for a year = $ (\frac{600}{5} ) = $120.

Boone Company would record the cost of the machine at  $ ( 18000+ 800+ 120) = $ 18920.

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(A)The theory applied by the manger is refereed to as the Vroom's expectancy. it was made to inspire Laura to perform better in her place of  work, for this she was promoted duw to her performance and zeal to work.

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Explanation:

Solution

(A) The theory used by manager is called the Vroom’s expectancy m which was used to inspire Laura.

Laura put in a great amount of work towards  developing her sales relationship which showed in desired output.

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