A car dealer acquires a used car for $18,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include:

$100 for transportation-in.

$200 for shipping insurance.

$960 for car import duties.

$170 for advertising.

$1,700 for sales staff salaries.

$130 for trimming shrubs.

	Cost	Included in Inventory Cost	Expensed as incurred
Cost	$18,000
Transportation-in	100
Import duties	960
Insurance during shipment	200
Advertising	170
Sales staff salaries	1,700
Trimming shrubs	130
Total	$21,260	$0	$0