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A solar panel dealer acquires is used panel for $10,000, with terms FOB shipping point. Compute total inventory cost assigned to the used panel if

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A solar panel dealer acquires is used panel for $10,000, with terms FOB shipping point. Compute total inventory cost assigned to the used panel if additional costs include $2,500 for sales staff salaries $380 for transportation-in by train $160 for online advertising . $210 for shipping insurance $800 for used panel restoration $550 for lawn care 5 Cost Transportation in by train Shipping insurance Used panel restoration Online advertising Included in Expensed Cost Inventory Cost as incurred 10.000 380 210 800 160 2500 Sales staff salaries Lawn care 550 Total 5 14,600

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