Question: Question 2 ZZ Inc. bought a machine in cash at a price of $90,000. The company also had to bear the following costs: transport costs,
Question 2
ZZ Inc. bought a machine in cash at a price of $90,000.
The company also had to bear the following costs: transport costs, $1 600; installation and connection of the machine on the company's premises, $13 500( lubricants and other supplies to be used during the operation of the machine $2,750; a fire insurance policy during the period of use of the machine, $1,400.
What is the cost of acquiring the machine?
None of these answers
93,000 $
91 600 $
$105,100
$90,000
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
