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Inventory Cost A Manufacturer of plastic bowls purchased $600,000 plastic from the manufacturer terms FOB Destination point. Additional costs in obtaining and offering these items

Inventory Cost

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A Manufacturer of plastic bowls purchased $600,000 plastic from the manufacturer terms FOB Destination point. Additional costs in obtaining and offering these items for sale include $60,000 for transportation-in, $25,000 for advertising, $10,000 for insurance during shipment, and $48,600 for display lights to make the product more attractive on the shelf. What cost is assigned to the plastic bowl

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