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At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Brunswick Corporation. The machines immediately were overhauled, installed, and started
At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Brunswick Corporation. The machines immediately were overhauled, installed, and started operating. The machines were different; therefore, each had to be recorded separately in the accounts. Machine Machine Machine A B Invoice price paid $33,400 $35,200 $15,850 for asset Installation costs 1,000 1,700 1,800 Renovation costs prior 3,500 1,600 3,000 to use By the end of the first year, each machine had been operating 5,600 hours. Required: 1. Compute the cost of each machine. Total Cost Machine A Machine B
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