Multiple Choice
Capitol Construction Company made a basket purchase of three items.Item X was appraised at $35,000;item Y was appraised at $55,000 and item Z was appraised at $60,000.The purchase price was $125,000.The amount at which item Z should be recorded (rounded to the nearest dollar) is:
A) $72,000.
B) $83,300.
C) $50,000.
D) $29,167.
Correct Answer:
Verified
Correct Answer:
Verified
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