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What cost should cafejo record for machine c

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Reference no: EM132096375

Question - Cafejo Company made a package purchase of three pieces of machinery for $24,000. The fair market values of the machinery were determined to be as follows:

Machine A 12,000

Machine B 20,000

Machine C 16,000

What cost should Cafejo record for Machine C?

Reference no: EM132096375

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