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9 Homework Question 4 of 7 - Chapter 9 Homework Question 4 of 7 - 1 5 Coronado C o . both purchases and constructs

9 Homework
Question 4 of 7- Chapter 9 Homework
Question 4 of 7
-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.
\table[[Purchase,],[Cash paid for equipment, including sales tax of $6,200,$130
Question 4 of 7
015
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
\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]]
\table[[Construction,],[Material and purchased parts (gross cost $248,000; failed to take 2% cash discount),$248,000
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