Multiple Choice
Affiliated Industries purchased a piece of equipment for $5,500,FOB shipping point.The company paid freight of $225 and installation costs of $485.During installation,the equipment was damaged requiring $195 in repair costs.The total cost assigned to the equipment should be:
A) $5,500
B) $5,725
C) $6,210
D) $6,405
Correct Answer:
Verified
Correct Answer:
Verified
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