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16% D Wed 9:57 PM Help Quick Student AccessG Connect Calendar COUNTY COLLEGE OF MORRIS-G er 5: Inventories&Cost of Sales Help Save & Exit Submit

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16% D Wed 9:57 PM Help Quick Student AccessG Connect Calendar COUNTY COLLEGE OF MORRIS-G er 5: Inventories&Cost of Sales Help Save & Exit Submit Check my work A car dealer acquires a used car for $14,000, terms FOB shipping point. Additional costs in obtaining anc offering the car for sale include: $250 for transportation-in. $300 for insurance during shipment $900 for import duties. $150 for advertising $1,250 for sales staff salaries 020108 For computing inventory, what cost is assigned to the used car? eBook Cost Print 14,000 250 900 300 150 1.250 Import duties Insurance during shipment Sales staff salaries Total S 16,850$ 300

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