Question

Thanh Thao enterprise buys a production equipment, the total payment price is 1,320,000,000 VND, 10% VAT, has not yet paid the seller. Shipping cost 4,000,000 VND, 10% VAT, paid in cash. The cost of hiring an appraisal engineer is VND 11,000,000, including 10% VAT. The cost of installation and testing is VND 6,300,000, including 5% VAT, not yet paid to the seller. The original cost of this equipment is:

a) 1,165,000,000 VND
b) 1,190,476,190 VND
c) 1,250,000,000 VND
d) 1,260,000,000 VND

Answer 1

After calculating each component of the cost separately by removing VAT and then adding them together, the original cost of the production equipment, as per the available options, does not appear to precisely match the calculated total. However, a possible miscalculation within the provided options or in the wording of the question might need to be considered.

Step-by-step explanation:

To calculate the original cost of the production equipment for Thanh Thao enterprise, we need to consider the total payment price, value-added tax (VAT), shipping costs, costs of hiring an appraisal engineer, and the costs of installation and testing. All these factor into the final original cost of the equipment. The calculations are as follows:

• Equipment cost excluding VAT: 1,320,000,000 VND / (1 + 10%) = 1,200,000,000 VND
• Shipping cost excluding VAT: 4,000,000 VND / (1 + 10%) = 3,636,363.64 VND (rounded)
• Appraisal engineer cost excluding VAT: 11,000,000 VND / (1 + 10%) = 10,000,000 VND
• Installation and testing cost excluding VAT: 6,300,000 VND / (1 + 5%) = 6,000,000 VND

Adding all these costs together gives us:

1,200,000,000 VND (equipment) + 3,636,363.64 VND (shipping) + 10,000,000 VND (appraisal) + 6,000,000 VND (installation and testing) = 1,219,636,363.64 VND. Since this value does not match any of the provided options, we might need to reassess the question or the available choices.

For this scenario, it seems that none of the given options (a, b, c, d) correctly reflects the calculated original cost.