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Costs of $8,500 were incurred to acquire goods and make them ready for sale. The goods were shipped to the buyer (FOB shipping point for

Costs of $8,500 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 $550 Additional necessary costs of $1,100 were incurred to acquire the goods. No other incentives or discounts were available What is the buyer's total cost of merchandise inventory? Multiple Choice

$ 58,500 

$ 9.050 

$ 59,600 

$10,150

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