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Cafejo company made a package purchase of three pieces of

Question - Cafejo Company made a package purchase of three pieces of machinery for $24,000. The fair market values of the machinery were determined to be as follows:

Machine A 12,000

Machine B 20,000

Machine C 16,000

What cost should Cafejo record for Machine C?

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Accounting Basics: Cafejo company made a package purchase of three pieces of

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Accounting Basics: Cafejo company made a package purchase of three pieces of

Reference No:- TGS02889832

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