Birchwood Manufacturing bought three used machines in a $167,000 lump-sum purchase. An independent appraiser valued the machines as shown: (Click on the icon to view the appraised values.) Read the requirement. What is each machine's individual cost? (Round decimals to three places when calculating proportions, and use your computed percentages in all calculations.) Machine 1's cost is Data table Machine No. 1 Machine No. 2 Machine No. 3 Print $ Appraised Value 38,250 73,100 58,650 Done O X Requirement 1. What is each machine's individual cost? Immediately after making this purchase, Birchwood sold Machine No. 3 for its appraised value. What is the result of the sale? (Round decimals to three places when calculating proportions, and use your computed percentages in all calculations.) Print Done X
Birchwood Manufacturing bought three used machines in a $167,000 lump-sum purchase. An independent appraiser valued the machines as shown: (Click on the icon to view the appraised values.) Read the requirement. What is each machine's individual cost? (Round decimals to three places when calculating proportions, and use your computed percentages in all calculations.) Machine 1's cost is Data table Machine No. 1 Machine No. 2 Machine No. 3 Print $ Appraised Value 38,250 73,100 58,650 Done O X Requirement 1. What is each machine's individual cost? Immediately after making this purchase, Birchwood sold Machine No. 3 for its appraised value. What is the result of the sale? (Round decimals to three places when calculating proportions, and use your computed percentages in all calculations.) Print Done X
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Birchwood Manufacturing bought three used machines in a $167,000 lump-sum purchase. An independent appraiser valued the machines as shown:
(Click on the icon to view the appraised values.)
Read the requirement.
What is each machine's individual cost? (Round decimals to three places when calculating proportions, and use your computed percentages in all calculations.)
Machine 1's cost is
Data table
Machine No. 1
Machine No. 2
Machine No. 3
Print
$
Appraised
Value
38,250
73,100
58,650
Done
O
X
Requirement
1. What is each machine's individual cost? Immediately after making
this purchase, Birchwood sold Machine No. 3 for its appraised value. What is
the result of the sale? (Round decimals to three places when
calculating proportions, and use your computed percentages in all calculations.)
Print
Done
X
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