A Used Machine with a Purchase Price of $75 000,requiring

question 36

Multiple Choice

A used machine with a purchase price of $75 000,requiring an overhaul costing $8000,installation costs of $4000 and testing costs of $2000,would have a cost basis of:

• A) $89 000
• B) $75 000
• C) $83 500
• D) $87 000.

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Definitions:

RNA

Ribonucleic acid, a nucleic acid present in all living cells, playing a role in protein synthesis and the transmission of genetic information.

Polypeptide

An organic linear polymer comprised of numerous amino-acid residues linked in a sequence, which constitutes a portion of or an entire protein molecule.

MRNA

Messenger RNA, a type of RNA that carries genetic information from DNA to the ribosome, where proteins are synthesized.

Surface Area

The total area of the external layer or surface of an object or body, often relevant in processes such as absorption and evaporation.