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Ni4xIFByYWN0aWNlIFF1ZXN0aW9uIDQ= OLE m OUTLOOK MAIL New Tab WileyPLUS342 G moodle G moodle.selkirk.ca... View Policies Current Attempt in Progress The Oriole Hat Shop Limited counted

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Ni4xIFByYWN0aWNlIFF1ZXN0aW9uIDQ= OLE m OUTLOOK MAIL New Tab WileyPLUS342 G moodle G moodle.selkirk.ca... View Policies Current Attempt in Progress The Oriole Hat Shop Limited counted the entire inventory in its store on August 31 and arrived at a total inventory cost of $92,100. The count included $8,100 of inventory held on consignment for a local designer; $450 of inventory that was being held for customers who were deciding if they actually wanted to purchase the merchandise; and $1,100 of inventory that had been sold to customers but was being held for alterations. There were two shipments of inventory received on September 1. The first shipment cost $4,800. Ihad been shipped on August 29, terms FOB destination. The second shipment cost $4,510, plus freight charges of $260. It had been shipped on August 28, terms FOB shipping point. Neither of these shipments was included in the August 31 count. Calculate the correct cost of the inventory on August 31. Inventory cost $ Save for Later 0 F3 DI F4 1 Attempts: 0 of 3 used Submit Answer prt sc home end Insert delete F5 F6 F7 FB F9 F10 F11 F12 # $ 3 4 55 % A & ( ) 5 6 7 8 9 0 | | ^600 ENG D CE + backspace = num lock I ( } E R T Y U I P [ ] : 44 D F G H J K L 7 8 enter 4 < > ? C V B N M shift 1

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