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Invoice price of goods is $3,500. Purchase terms are 3/10, n/30 and the invoice is paid in the week of receipt. The shipping terms are
Invoice price of goods is $3,500. Purchase terms are 3/10, n/30 and the invoice is paid in the week of receipt. The shipping terms are Fob shipping point, and the shipping costs amount to $330. What is the total cost of inventory
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