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At the beginning of the year, CCZ Corporation bought three used machines from Pequita Compression Incorporated. The machines immediately were overhauled, installed, and started
At the beginning of the year, CCZ Corporation bought three used machines from Pequita Compression Incorporated. The machines immediately were overhauled, installed, and started operating. Because the machines were different from each other, each was recorded separately in the accounts. Cost of the asset Installation costs Renovation costs prior to use Repairs after production began Machine A $10,060 Machine B $31,740 Machine C $22,300 1,630 630 2,130 830 530 1,430 430 1,630 730 By the end of the first year, each machine had been operating 7,300 hours, Required: 1-a. Compute the cost of each machine. Machine A B C Total Total cost
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