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A solar panel dealer acquires a used panel for $9,000, with terms FOB shipping point. Compute total inventory costs assigned to the used panel if

A solar panel dealer acquires a used panel for $9,000, with terms FOB shipping point. Compute total inventory costs assigned to the used panel if additional costs include the following.

  • $1,500 for sales staff salaries.

  • $280 for transportation-in by train.

  • $110 for online advertising.

  • $135 for shipping insurance.

  • $550 for used panel restoration.

  • $300 for lawn care.

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