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
Mariana [72]
3 years ago
15

QS 8-1 Cost of plant assets LO C1 Kegler Bowling buys scorekeeping equipment with an invoice cost of $190,000. The electrical wo

rk required for the installation costs $20,000. Additional costs are $4,000 for delivery and $13,700 for sales tax. During the installation, the equipment was damaged and the cost of repair was $1,850. What is the total recorded cost of the scorekeeping equipment
Business
1 answer:
maw [93]3 years ago
3 0

Answer: $227,700

Explanation:

The total recorded cost would include the actual cost of the equipment as well as every other cost that was incurred to transport the equipment and get it ready fir use.

Cost that will be recorded is therefore:

= Invoice cost + Installation cost + Delivery cost + Sales tax

= 190,000 + 20,000 + 4,000 + 13,700

= $227,700

You might be interested in
The December 31, 2015, balance sheet of Maria’s Tennis Shop, Inc., showed current assets of $1,105 and current liabilities of $9
IrinaK [193]

Answer:

$165

Explanation:

The working capital of organization is the difference between the current assets and the current liabilities of the organization. It shows if a company has enough short term assets or asset that can be converted quickly to cash to settle obligations that will arise in the short term.

Working capital as at December 31, 2015

=$1,105 - $915

=$190

Working capital as at December 31, 2016

=$1,320 - $955

=$365

Change in working capital in 2016

= $365 - $190

= $165

5 0
3 years ago
Economic growth is _____.
erica [24]

economic growth can result from a(n) _____ in government expenditures and a(n) _____ in net exports.

5 0
3 years ago
Problem:Water flows from a bathroom tap at a rate of 2 gallons every 6 seconds. Questions At this rate,how many minutes will it
katrin2010 [14]

Answer:

4 minutes.

Explanation:

The rate of flow from the tap is 2 gallons every six second

which comes out to be 1 gallons per 3 seconds.

so for 80 gallons we can simply

3  * 80 = 240 which is 240 seconds.

Thus it would take 4 minutes to fill up the 80 gallon tub.

4 0
3 years ago
Scott consumes only two goods, rice and soup. His preferences are complete, transitive, monotonic and convex. When the price of
BaLLatris [955]

Answer:E(none of the above)

Explanation:

3 0
3 years ago
This term considers whether the organization had an operating surplus, broke even,
trasher [3.6K]

Answer:

break even is when an organisation doesn't make profit nor loss.

4 0
3 years ago
Other questions:
  • W gave w's age as 50 when w purchased a life policy. at the time of w's death seven years later, the company discovered w's true
    8·1 answer
  • 2. You have been asked to identify the various segment in the market and then a potential targeting strategy. Describe the segme
    12·1 answer
  • Consider the market demand for peanut butter.Complete the following table by indicating whether an event will cause a movement a
    7·1 answer
  • A #10 can yields 120 oz. of pineapple. they plan to give each guest an 8-oz. portion. they estimate there will be 240 guests. ho
    12·1 answer
  • Optimus Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each div
    13·1 answer
  • Refresh produces soft drinks and sodas. Production of 100,000 liters was started in February, 85,000 liters were completed. Mate
    15·2 answers
  • It is necessary to balance your checking account each month<br><br> true<br> false
    7·2 answers
  • In general, the production and use of capital ________ the productivity of labor and normally ________ wages.
    12·1 answer
  • Which dot plot shows three TV's in two houses? A dot plot titled How many T V's Are in Your House going from 0 to 4. 0 has 1 dot
    10·2 answers
  • the investment portfolio of younger investors should be heavily weighted toward conservative assets such as government bonds and
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!