Question
A car dealer acquires a used car for $14,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if
A car dealer acquires a used car for $14,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include $250 for transportation-in. $300 for shipping insurance. $900 for car import duties. . $150 for advertising. . $1,250 for sales staff salaries. $180 for trimming shrubs. Cost Transportation-in Import duties Insurance during shipment Advertising Sales staff salaries Trimming shrubs Total Cost Included in Inventory Cost Expensed as incurred $ 14,000 250 900 300 150 1,250 180 CA $ 17.030 $ O $ 0
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Principles Of Financial Accounting (Chapters 1-17)
Authors: John Wild
25th Edition
1260780147, 9781260780147
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