Question
Compute the cost of inventory Purchase price $50000 Transportation charges $2000 Loading and unloading charges $500 Interest on loan to buy inventory $100 Cost allocation
Compute the cost of inventory
Purchase price $50000
Transportation charges $2000
Loading and unloading charges $500
Interest on loan to buy inventory $100
Cost allocation from other department $200
Insurance charges $300
Labour charges $400
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College Accounting
Authors: Heintz and Parry
20th Edition
1285892070, 538489669, 9781111790301, 978-1285892078, 9780538489669, 1111790302, 978-0538745192
