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

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

  • $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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