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QS 5-2 Inventory costs LO C2 A car dealer acquires a used car for $14,000, with terms FOB shipping point. Compute total inventory costs
QS 5-2 Inventory costs LO C2 A car dealer acquires a used car for $14,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include $250 for transportation-in. $300 for shipping insurance. $900 for car import duties. $150 for advertising. $1,250 for sales staff salaries. $180 for trimming shrubs. Cost Transportation-in Import duties Insurance during shipment Advertising Sales staff salaries Trimming shrubs Total Included in Expensed Cost Inventory Cost as incurred $ 14,000 250 900 300 150 1,250 180 S 17,030 $ 0
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