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1. On July 1 , BerriesRUs agreed to supply 500 units of inventory for $1,500 on credit terms of 4/10,n/30. The cases will be shipped
1. On July 1 , BerriesRUs agreed to supply 500 units of inventory for $1,500 on credit terms of 4/10,n/30. The cases will be shipped FOB shipping point. You paid the transportation charges of $200 immediately in cash. You paid the entire amount due to berriesR on 2. Protein Shack supplied 180 units of inventory on July 8 for $900 on credit terms of 2/10, n/30. The goods were shipped Fob destination. You paid the amount due on july 23. 3. On July 9, JuiceARama shipped 200 units of inventory at a cost of $1,200 with credit terms of n/45, FOB destination. This amount remains unpaid at the end of the month. For each vendor you purchased from, calculate the total cost of your inventory including any appropriate costs for shipping (freight-in) and accounting for any purchase discounts, if taken. (Hint: Purchase discounts are not applied on shipping costs). Then calculate the cost per unit of inventory from each vendor. If needed, round answers to two decimal places
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