Seeder Inc

question 20

Multiple Choice

Seeder Inc. made a lump-sum purchase of three pieces of machinery for $120,000 from an unaffiliated company. At the time of acquisition, Seeder paid $4,000 to determine the appraised value of the machinery. The appraisal disclosed the following values: Machine A $60,000
Machine B $36,000
Machine C $24,000
What cost should be assigned to Machines A, B, and C, respectively?

• A) A: $60,000; B: $36,000; C: $24,000
• B) A: $62,000; B: $37,200; C: $24,800
• C) A: $64,000; B: $33,600; C: $22,400
• D) A: $41,333; B: $41,333; C: $41,333

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Definitions:

Bacterium

Single-celled microorganisms that are often beneficial but can also cause infections.

Virus

A microscopic infectious agent that replicates only inside the living cells of an organism.

Lymphocytes

A type of white blood cell that is part of the immune system, playing a significant role in the body's defense mechanisms against pathogens.

Fungi

A kingdom of spore-producing organisms feeding on organic matter, including molds, yeast, mushrooms, and toadstools.