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A solar panel dealer acquires a used panel for $11,000, with terms FOB shipping point. Compute total inventory costs assigned to the used panel
A solar panel dealer acquires a used panel for $11,000, with terms FOB shipping point. Compute total inventory costs assigned to the used panel if additional costs include $3,500 for sales staff salaries. $480 for transportation-in by train $210 for online advertising. $285 for shipping insurance. $1,050 for used panel restoration. $800 for lawn care. Cost Transportation-in by train Shipping insurance Used panel restoration Online advertising Sales staff salaries Lawn care Total Cost Included in Expensed as Inventory Cost incurred $ 11,000 480 285 1,050 210 3,500 800 $ 17,325 $ 0 $ 0
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