Taffy Company made a package purchase of three pieces of machinery for $144,000. The fair market values of the machinery were determined to be as follows:
What cost should Taffy Company record for Machine C?
A) $ 36,000
B) $100,800
C) $ 57,600
D) $ 50,400

Question

Taffy Company made a package purchase of three pieces of machinery for $144,000. The fair market values of the machinery were determined to be as follows:
 What cost should Taffy Company record for Machine C?
A) $ 36,000 
B) $100,800 
C) $ 57,600 
D) $ 50,400

Quizplus · Accepted Answer

11ee7640_e1c9_ff07_90da_2735f224d11a_TBCB1007_00

Taffy Company Made a Package Purchase of Three Pieces of Machinery