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25:16 ok t J t ] nces A car dealer acquires a used car for $17,000, with terms FOB shipping point. Compute total inventory costs
25:16 ok t J t ] nces A car dealer acquires a used car for $17,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include $200 for transportation-in. $180 for shipping insurance. $750 for car import duties. $170 for advertising. $2,000 for sales staff salaries. $100 for trimming shrubs. Cost Transportation-in Import duties Insurance during shipment Advertising Sales staff salaries Trimming shrubs Total $ $ Cost 17,000 200 750 180 170 2,000 100 20,400 Included in Inventory Cost $ Expensed as incurred 0 $ 0
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