Question
Required information [The following information applies to the questions displayed below.] At the beginning of the year, Plummer's Sports Center bought three used fitness
Required information [The following information applies to the questions displayed below.] 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. Invoice price paid for asset Installation costs Renovation costs prior to use Machine A Machine B Machine C $ 24,000 800 2,500 2,700 $ 28,100 $ 23,500 1,400 2,900 2,300 By the end of the first year, each machine had been operating 6,700 hours. Required: 1. Compute the cost of each machine. Total Cost Machine A Machine B Machine C
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