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Rizio Company purchases a machine for $9,900, terms 2/10,n/60, FOB shipping point. Rizio paid within the discount period and took he $198 discount. Transportation costs
Rizio Company purchases a machine for $9,900, terms 2/10,n/60, FOB shipping point. Rizio paid within the discount period and took he $198 discount. Transportation costs of $224 were paid by Rizio. The machine required mounting and power connections costing \$684. Another $323 is paid to assemble the machine, and $40 of materials are used to get it into operation. During installation, the nachine was damaged and $280 worth of repairs were made. Complete the below table to calculate the cost recorded for this machine. t. Transportation costs of $224 were paid by Rizio. The machine required mounting and power connections costing 323 is paid to assemble the machine, and $40 of materials are used to get it into operation. During installation, the maged and $280 worth of repairs were made. low table to calculate the cost recorded for this machine
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