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Nutgum Company Made a Package Purchase of Three Pieces of Machinery

Question 114

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Nutgum Company made a package purchase of three pieces of machinery for $48,000. The fair market values of the machinery were determined to be as follows:
Nutgum Company made a package purchase of three pieces of machinery for $48,000. The fair market values of the machinery were determined to be as follows: What cost should Nutgum record for Machine C? A) $12,000 B) $33,600 C) $19,200 D) $16,800 What cost should Nutgum record for Machine C?


A) $12,000
B) $33,600
C) $19,200
D) $16,800

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