Question
9. Computer equipment, installation and training was purchased for a total cost of $180,000. Estimated standalone fair values of the equipment, installation, and training are
9.
Computer equipment, installation and training was purchased for a total cost of $180,000. Estimated standalone fair values of the equipment, installation, and training are $100,000, $75,000, and $25,000 respectively. The transaction price allocated to equipment, installation and training is
| $100,000, $75,000, $25,000 respectively | ||
| $180,000 for the entire bundle | ||
| $60,000, $60,000, $60,000 respectively | ||
| $90,000, $67,500 and $22,500 respectively |
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
13th Edition
978-0073379616, 73379611, 978-0697789938
