Caps Co., a store that sells baseball hats received a shipment of inventory. The purchase price of
Question:
Caps Co., a store that sells baseball hats received a shipment of inventory. The purchase price of inventory is $2,000, a bulk discount of 40% off was received, the shipping charges were $200, and the import duties were $140. What is the total cost of inventory?
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The inventory cost should be 1540 2000 800 ...View the full answer
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Related Book For 
Fundamental Accounting Principles Volume 1
ISBN: 9781259259807
15th Canadian Edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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