Cafejo Company made a package purchase of three pieces of machinery for $24,000. The fair market values of the machinery were determined to be as follows: Machine A 12,000 Machine B 20,000 Machine C 16,000 What cost should Cafejo record for Machine C?

A. $ 8,000
B. $10,000
C. $12,000
D. $ 6,000

Ans: A. $ 8,000

Business

You might also like to view...

Most issues during and after an ERP implementation are related to ________ and culture

A) software B) hardware C) people D) data E) none of the above

Business

Which of the following can be patented?

a. genetically engineered mice b. human genetic sequences c. mathematical formulas applied to a structure d. all of the above can be patented

Business