WebAnother $475 is paid to assemble the machine, and $40 of materials are used to get it into. Rizio Company purchases a machine for $12,500, terms 2/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $250 discount. Transportation costs of $360 were paid by Rizio. The machine required mounting and power connections ... WebJun 21, 2024 · Rizio Co. purchases a machine for $12,500, terms 2/10, n/60, FOB shipping point. Rizio paid within the discount period and took the $250 discount. - 24097132

Rizio Co. purchases a machine for $12,500, terms 2/10, n/60, FOB ...

WebABC Company purchases a new machine for cash. The machine costs are $150,000. The company also must pay the freight of $750 to get the machine delivered and $500 to get the machine installed. The equipment company has agreed to a 10% reduction in price if; On March 1, Bunker Hill Company purchased a new stamping machine with a list price of ... WebAs stated, the machine is purchased under the terms 2/10 n/60 which basically means that the customer will have a 2% discount if he pays for the machine within 10 days. Moreover, ... At year-end, Harris Co. had shipped $12,500 of merchandise FOB destination to Harlow Co. black clover game torrent

Solved Rizio Co, purchases a machine for $14,300, terms - Chegg

WebView Ch 10 Classroom Exercises.pdf from ACCT 202 at Shoreline Community College. EXERCISE 10-1 Cost of plant assets. Rizio Co. purchases a machine for $12,500, terms 2/10, n/60, FOB shipping point. WebNov 30, 2024 · Rizio Co. purchases a machine for $12,500, terms 2/10, n/60, FOB shipping point. The seller prepaid the $360 freight charges, adding the amount to the invoice and bringing its total to $12,860. The machine requires special steel mounting and power connections costing $895. Another $475 is paid to assemble the machine and get it into … galt ca open houses