Granite Company purchased a machine costing $132,000, terms 1/10, n/30. The machine was shipped FOB shipping point and freight charges were $3,200. The machine requires special mounting and wiring connections costing $11,200. When installing the machine, $2,700 in damages occurred. Compute the cost recorded for this machine assuming Granite paid within the discount period.

Granite Company purchased a machine costing $132,000, terms 1/10, n/30. The machine was shipped FOB shipping point and freight charges were $3,200. The machine requires special mounting and wiring connections costing $11,200. When installing the machine, $2,700 in damages occurred.The Total cost recorded to get the ready to use:  $ 147,780

Explanation:

From the above question we get the following information

Equipment cost: 132,000 x (1 - 1%) = 130,680

shipping cost:                                        3,200

special wiring connections                 11,200

installation cost                                      2,700  

Total cost to get the machinery  ready to use:      $ 147,780

It is important to note that the  cost incurred to get the equipment ready for usage  and production must be included while calculating the equipment cost.

the answer is b hope you pass

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.