Munich Corp. acquired several non-current assets during the 20X5 fiscal year. The following information is for machinery that was purchased:…

1. Munich Corp. acquired several non-current assets during the 20X5 fiscal year. The following information is for machinery that was purchased:

Machinery (price: $196,262; non-recoverable tax: $13,738) $210,000

Freight and insurance in transit 3,000

Installation and testing labour costs (using Munich’s own labour) 2,600

Materials cost for testing 300

Insurance premium on the machinery for its first year of operation 1,100

Consultant used in acquisition of the machinery 6,400

Lost revenue due to downtime during installation of the machinery 4,500

Estimated asset retirement obligation (ARO) for the machinery 17,580

Imputed general interest costs on equity financing 3,700

What is the total cost for the machinery?

a) $215,900

b) $239,880

c) $243,580

d) $244,380

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more