Deadwood 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 - X Requirement 1. What is each machine's individual cost? Immediately after making I
Deadwood 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 - X Requirement 1. What is each machine's individual cost? Immediately after making I
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:Deadwood 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
es
Data table
Machine No. 1
Machine No. 2
Machine No. 3
$
Appraised
Value
38,250
73,100
58,650
C
X
Requirement
1. What is each machine's individual cost? Immediately after making
this purchase, Deadwood 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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