Question

im confused because they give you the units of production but how do you solve the rest?

* M MHE Reader X Navigating Connect and Complex + wameducation.com/a/pub/sn co7Owepubc962F6%2F440%5Bdata-uuid-290d61b65536407aa2b726b5573b09b%5DZEN am B OASIS Login Connect - Class: Ac Sports Jobs - Team.. M Gmail YouTube Maps S data-uuid acid a WA QUICK STUDY a connect QS 10-1 Cost of plant assets ci Kegler Bowling buys scorekeeping equipment with an invoice cost of $190,000. The electrical work required for the installation costs $20,000. Additional costs are $4,000 for delivery and $13,700 for sales tax. During the installation, the equipment was damaged and the cost of repair was $1,850. What is the total recorded cost of the scorekeeping equipment? Page 3

Answer 1

Solution:

Total cost of scorekeeping equipment = Invoice cost + Electrical work cost + delivery charges + Sales tax + repair cost at the time of installation

= $190,000 + $20,000 + $4,000 + $13,700 + $1,850

= $229,550