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Costs of $6,000 were incurred to acquire goods and make them ready for sale. The goods were shipped to the buyer (FOB shipping point)

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Costs of $6,000 were incurred to acquire goods and make them ready for sale. The goods were shipped to the buyer (FOB shipping point) for a cost of $300. Additional necessary costs of $600 were incurred to acquire the goods. No other incentives or discounts were available. Compute the buyer's total cost of merchandise inventory. Check

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