Metropolitan Masonry Made a Basket Purchase of Three Items

question 127

Multiple Choice

Metropolitan Masonry made a basket purchase of three items. Item X was appraised at $39,000; item Y was appraised at $57,000 and item Z was appraised at $61,000. The purchase price was $129,000. The amount at which item Y should be recorded is:

• A)($57,000/$129,000)× $157,000.
• B)($57,000/$157,000)× $129,000.
• C)($57,000/$100,000)× $157,000.
• D)($57,000/$100,000)× $129,000.

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Definitions:

High-Maintenance Person

An individual who requires an excessive amount of attention, support, or communication from others, often perceived as demanding or difficult to satisfy.

Dependent

Relying on someone or something else for support, maintenance, or supply.

Guard Against

To protect oneself or something from possible danger, harm, or adverse effects.

Take Professionally

Adopting a serious and committed approach towards one's career or work responsibilities.