Solution-Compute the amount at which item X should be

Compute the amount at which item X should be recorded

Reference no: EM132487341

Question - Kramer Corporation made a basket purchase of three items. Item X was appraised at $30,000; item Y was appraised at $55,000; and item Z was appraised at $65,000. The purchase price was $130,000. The amount at which item X should be recorded is: (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.)

A. $10,000

B. $26,000.

C. $30,000.

D. $34,615.

Reference no: EM132487341

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Compute the amount at which item X should be recorded

Reference no: EM132487341

Reference no: EM132487341

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