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Problem 6-196 [LO 6-3] Turquoise, Inc. is trying to decide whether to purchase identical inventory from one of the following suppliers: Cost Invoice terms Shipping
Problem 6-196 [LO 6-3] Turquoise, Inc. is trying to decide whether to purchase identical inventory from one of the following suppliers: Cost Invoice terms Shipping terms Shipping cost Supplier A $110 2/10, n/30 FOB shipping point $ 11 Supplier B $120 3/10, n/30 FOB destination $ 13 Required: Assume the company will pay within the discount period. What is the actual cost of the inventory if purchased from each supplier? (Round your final answers to 2 decimal places.) Supplier A Supplier B Actual cost
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