Worthington Chandler Company purchased equipment for $12,000. Sales tax on the purchase was $800. Other costs incurred were freight charges of $200, repairs of $350 for damage during installation, and installation costs of $225.
What is the cost of the equipment?
a. $12,000b. $12,800c. $13,225d. $13,575
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Worthington Chandler Company purchased equipment for $12,000. Sales tax on the purchase was $800. Other costs incurred were freight charges ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
In assessing the validity of a prior court decision, discuss the significance of the following on the taxpayer's issue: A. The decision was rendered by the U. S. District Court of Wyoming. Taxpayer lives in Wyoming. B.
Answers (1)
A total of $3,700 in supplies was purchased during the year. By the end of the year, the company had used $2,200 of the supplies.
Answers (1)
How to email school for absence due to family emergency?
Answers (1)
China produces many products at the lowest cost possible, even though Chinese consumers do not desire many of these products (e. g., football helmets).
Answers (1)
Do you think marketers truly have the power to change the way we think? If so, what are the implications?
Answers (1)
New Questions in Business
Your friends own a lawn care business. They own their own equipment and trailers to transport it. Eventually they buy out another local lawn care company and double their customers. This is an example of 1. ending an oligopoly2.
Answers (1)
Suppose you currently earn $30,000 a year. you are considering a job that will increase your lifetime earnings by $300,000 but that requires an mba. the job will mean also attending business school for two years at an annual cost of $25,000.
Answers (1)
Wickland Company installs a manufacturing machine in its production facility at the beginning of the year at a cost of $154,000. The machine's useful life is estimated to be 5 years, or 370,000 units of product, with a $6,000 salvage value.
Answers (1)
The manger is responsible for training you about food safety in your job duties. These duties include preventing foodborne illness by?
Answers (1)
The use and importance of managerial accounting is growing in each of the following areas except for a. nanotechnology advancements. b. enterprise risk management. c. corporate sustainability reporting. d. quality accounting. e. lean accounting.
Answers (1)