$9$ Homework

Question $4$ of $7-$ Chapter $9$ Homework

Question $4$ of $7$

$\frac{-}{15}$

Coronado $Co.$ both purchases and constructs various equipment it uses in its operations. The following items for two different types of equipment were recorded in random order during the calendar year $2025.$

$\backslash$table$[[$Purchase$,],[$Cash paid for equipment, including sales tax of $$6,200,$$$130$

Question $4$ of $7$

$\frac{0}{15}$

Purchase

Cash paid for equipment, including sales tax of $$6,200$

Freight and insurance cost while in transit

$$130,200$

Cost of moving equipment into place at factory

$2,480$

$\backslash$table$[[$Cost of moving equipment into place at factory,$3,844],[$Wage cost for technicians to test equipment,$4,960],[$Insurance premium paid during first year of operation on this equipment,$1,860],[$Special plumbing fixtures required for new equipment,$9,920],[$Repair cost incurred in first year of operations related to this equipment,$1,612]]$

$\backslash$table$[[$Construction$,],[$Material and purchased parts $($gross cost $$248,000$; failed to take $2\%$ cash discount$),$$$248,000$