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A car dealer acquires a used car for $12,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional
A car dealer acquires a used car for $12,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include $100 for transportation-in. $170 for shipping insurance. . $800 for car import duties. $140 for advertising. $1,400 for sales staff salaries. $150 for trimming shrubs. Cost Transportation-in Import duties Insurance during shipment Advertising Sales staff salaries Trimming shrubs Total Included in Expensed Cost Inventory Cost as incurred $ 12,000 100 800 170 140 1,400 150 $ 14,760
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