Find the Extension Cost and the Total

question 19

Short Answer

Find the extension cost and the total. Round to the nearest cent.
5 - #10 cans sliced pineapple @ $3.50 per can ___________
4 - #10 cans cherries @ $7.21 per can ___________
3 bunches celery @ $0.89 per bunch ___________
6 pounds tomatoes @ $0.76 per pound ___________
9 dozen eggs @ $0.92 per dozen ___________
5 - 2 1/2-pound boxes of Lima beans @ $1.23 per pound ___________
Total ___________

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Definitions:

Long-Lived Asset

Assets with a useful life extending beyond one year, typically including property, plant, and equipment, and used in the operation of a business.

Productive Life

The expected period during which an asset is able to provide economic benefits or contribute to revenue generation.

Ordinary Repairs

Ordinary repairs are routine maintenance expenses undertaken to maintain the efficiency and operating condition of an asset but do not significantly extend its life.

Maintenance Costs

Expenses incurred to keep property, equipment, or machinery in efficient operating condition and repair.