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A car dealer acquires a used car for $17.000, with terms FOB shipping point. Compute total inventory costs assigned to the used car it additional
A car dealer acquires a used car for $17.000, with terms FOB shipping point. Compute total inventory costs assigned to the used car it 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. Expensed as incurred $ Cost Transportation in Import duties Insurance during shipment Advertising Sales staff salaries Trimming shrubs Total included in Cost Inventory Cost 17.000 200 750 180 170 2,000 100 20,400 $
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