Respuesta :
Answer:
Total cost of the delivery truck = $32596
Explanation:
given data
total cash payment = $36086
Negotiated purchase price = $27600
Installation of special shelving = 2650
Painting and lettering = 690
Motor vehicle license = 440
Annual insurance policy = 3050
Sales tax = 1,656
Total paid = $36,086
to find out
cost of the delivery truck
solution
we know that Motor vehicle license and Annual insurance policy are expended off to some appropriate expense account
Total cost of the delivery truck = Negotiated purchase price + Installation of special shelving + Painting and lettering + Sales tax
put here value
Total cost of the delivery truck = $27600 + $2650 + $690 + $1,656
Total cost of the delivery truck = $32596
Answer:
$32,596
Explanation:
Data provided in the question:
Total cash payment = $36,086
Negotiated purchase price = $27,600
Installation of special shelving = $2,650
Painting and lettering = $690
Motor vehicle license = $440
Annual insurance policy = $3,050
Sales tax = $1,656
Now,
Motor vehicle license and Annual insurance policy are not included in the cost of vehicle as these cost are incurred to upkeep of motor vehicles.
Thus,
Cost of the vehicle
= Negotiated purchase price + Installation of special shelving + Painting and lettering + Sales tax
= $27,600 + $2,650 + $690 + $1,656
= $32,596
