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A solar panel dealer acquires a used panel for $9,800, with terms FOB shipping point. Compute total inventory costs assigned to the used panel if
A solar panel dealer acquires a used panel for $9,800, with terms FOB shipping point. Compute total inventory costs assigned to the used panel if additional costs include $2,300 for sales staff salaries. $360 for transportation-in by train. $150 for online advertising. B Cost $195 for shipping insurance. $750 for used panel restoration. $500 for lawn care. Transportation-in by train Shipping insurance Used panel restoration Online advertising Sales staff salaries Lawn care Total $ $ Cost 9,800 360 195 750 150 2,300 500 14,055 Included in Inventory Cost Expensed as incurred
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Study Guide For Use With Managerial Accounting
Authors: Ronald M. Copeland, Paul E. Dascher, Jerry R. Strawser, Robert H. Strawser
1st Edition
0873937651, 978-0873937658
