WebInvoice price of machine. Less: Discount (11600 x 2%) 11600. 232. Net purchase price. Freight charges. Mounting and power connections. Assembly. Materials used in adjusting. ... Exercise 8-1 Cost of plant assets LO C1 Rizio Co. purchases a machine for $11,300, terms... ADVERTISEMENT . Free Homework Help App. Download From Google Play. Scan Your ... WebImage transcriptions. Rizio Co. purchases a machine for $10,300, terms 2/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $206 discount. Transportation costs of $233 were paid by Rizio. The machine required mounting and power connections costing $712. Another $336 is paid to assemble the machine and $40 of ...
Solved Rizio Co. purchases a machine for $12,500, terms - Chegg
WebExpert Answer. Rizio Co. purchases a machine for $13,400, terms 2/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $268 discount. Transportation costs of $303 were paid by Rizio. The machine required mounting and power connections costing $926. Another $437 is paid to assemble the machine and $40 of materials are ... WebQ: Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $ Q: Need help... The following monthly data are taken from Ramirez Company at July 31: sales salaries, $200,000; office sala finksburg maryland news
Exercise 10-1 Cost of plant assets LO C1 Rizio Co. purchases a...
WebJan 15, 2024 · Rizio Co. purchases a machine for $12,500, terms 2∕10, n∕60, FOB shipping point. The seller prepaid the $360 freight charges, adding the amount to the invoice and bringing its total to $12,860. The machine requires special steel mounting and power connections costing $895. Another $475 is paid to assemble the machine and get it into … WebNov 18, 2024 · Exercise 10-1 Cost of plant assets LO C1 Rizio Co. purchases a machine for $12,500, terms 2/10, n/60, FOB shipping point. The seller prepaid the $360 freight charges, adding the amount to the invoice and bringing its total to $12,860. The machine... WebABC Company purchases a new machine for cash. The machine costs are $150,000. The company also must pay the freight of $750 to get the machine delivered and $500 to get the machine installed. The equipment company has agreed to a 10% reduction in price if; On March 1, Bunker Hill Company purchased a new stamping machine with a list price of ... finksburg maryland weather