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skully skully
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7 years ago
The Hobby Shop Company has outlets in Olympia, WA, Boise, ID, and Boston, MA. The gross book value of long-term assets at historical costs that the Olympia outlet holds is $1,600,000, the Boise outlets holds $2,400,000 and the Boston outlet holds $3,200,000. The construction cost index for all three outlets in 2012 was 190. The construction cost index the year that the Olympia outlet was built was 120, the year that the Boise outlet was built it was 160 and the year that the Boston outlet was built it was 170.
Required
Compute the gross book assets at current cost at the end of 2012 for the Olympia outlet, the Boise outlet, and the Boston outlet.
A) $2,360,363; $1,650,022; $688,520
B) $1,866,352; $2,148,633; $1,225,333
C) $2,533,333; $2,850,000; $3,576,471
D) $1,955,000; $2,225,036; $4,020,333
E) $3,148,523; $3,963,000; $455,630
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Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
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Managerial Accounting: Decision Making and Motivating Performance
University of Pittsburgh
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lordingtonlordington
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skully Author
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7 years ago
Thank you ever so much for this generous answer.
Managerial Accounting: Decision Making and Motivating Performance
University of Pittsburgh
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