1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stealth61 [152]
3 years ago
9

Blossom Company purchased equipment on January 1 at a list price of $100000, with credit terms 2/10, n/30. Payment was made with

in the discount period. Blossom paid $3000 sales tax on the equipment and paid installation charges of $1500. Prior to installation, Blossom paid $3000 to pour a concrete slab on which to place the equipment. What is the total cost of the new equipment
Business
1 answer:
VikaD [51]3 years ago
6 0

Answer:

the total cost of the new equipment is $105,500

Explanation:

The computation of the total cost of the new equipment is given below:

Total cost of the new equipment is

= Net price + Sales tax + Installation charges + Payment for concrete slab

= [$100,000 - ($100,000 × 2%)] + $3,000 + $1,500 + $3,000

= $105,500

Hence, the total cost of the new equipment is $105,500

You might be interested in
Which of the following companies is an example of a manufacturer? a. H&R Block b. Best Buy c. Intel d. Trism e. Walmart
Otrada [13]

Answer: Intel.

Explanation:

A manufacturer is a company that makes finished or semi-finished goods for sale from raw materials. Intel produces various chips and microprocessors used in making most computers in the market.

7 0
3 years ago
Assume the following information:
omeli [17]

Answer:

Total product cost= $181,000

Explanation:

<u>The product cost is the sum of the direct material, direct labor, and manufacturing overhead:</u>

Direct materials $ 70,000

Direct labor $ 37,000

Variable manufacturing overhead $ 12,000

Fixed manufacturing overhead $ 25,000

Total manufacturing overhead $ 37,000

Total product cost= $181,000

7 0
3 years ago
Bessie started a smell busiess with her brother . After a year, they made a good profit. they than shared the profit equally as
ratelena [41]

Answer:

sorry

Explanation:

there is no answer

7 0
2 years ago
Increasing and decreasing the decimal option on Excel is intended for:
liraira [26]

Answer:

i think its C

Explanation:

3 0
3 years ago
A development process __________. ANSWER Unselected addresses the main value-added activities of an organization Unselected is a
cluponka [151]

Answer:

process that seeks to improve the performance of primary and support processes.

Explanation:

Development process is defined as a seeks improvement of primary and support activities by using strategy, organisation, marketing, conceptualisation, plan creation, evaluation, and commercialisation of a product or process.

Development process is used by firma to convert viable ideas to profitable products.

Innovative ideas are generated by the companie's team, and through critical evaluation the best and most commercially viable option is chosen for further product development.

This is a cycle that is continous and gives the innovative company a competitive edge.

5 0
3 years ago
Read 2 more answers
Other questions:
  • 1. Use the given th term rules to find given<br>sequence 3n+ 1 (5th and 7th term)​
    6·1 answer
  • Wich type of financial institutions typically has a membership requirement ?
    11·2 answers
  • A good rule is to spend no more than 25-30% of your _______ income on housing.
    13·2 answers
  • After a suspected identity fraud case has been resolved, you should:
    12·2 answers
  • Dmitri recently lost his job as a waiter at a local restaurant. A recent increase in the minimum wage keeps local employers from
    8·1 answer
  • What happens when a price floor is imposed above the equilibrium price of a good?
    12·1 answer
  • If a government form for a bank financial report begins with the letters FR, which government agency maintains the
    11·2 answers
  • Which of the following trends has been observed in the world population in terms of aging? A) As nations have advanced economica
    10·1 answer
  • 5. A nation's frictional unemployment rate is 1%. Its cyclical rate of unemployment is 9.7%, and its structural
    7·1 answer
  • you are the owner of a rapidly growing e-commerce business and you are looking for ways to customize your ads. since your team i
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!