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A car dealer acquires a used car for $10,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if
A car dealer acquires a used car for $10,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include . $250 for transportation-in. $100 for shipping insurance. .$890 for car import duties. $150 for advertising. . . . $1,800 for sales staff salaries. $190 for trimming shrubs. Cost Included in Inventory Cost Expensed as incurred Cost Transportation-in $ 10,000 250 Import duties 890 Insurance during shipment 100 Advertising 150 Sales staff salaries 1.800 Trimming shrubs 190 Total $ 13,380
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