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QS 6-2 Inventory costs LO C2 A car dealer acquires a used car for $7,000, with terms FOB shipping point. Compute total inventory costs assigned

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QS 6-2 Inventory costs LO C2 A car dealer acquires a used car for $7,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include $290 for transportation in $190 for shipping insurance, $1,000 for car import duties $200 for advertising $1.400 for sales staff salaries - $190 for trimming shrubs Included in Inventory Cost Expensed as incurred Cost Transportation in Import duties Insurance during shipment Advertising Sales staff salaries Trimming shrubs Tote Cost 7.000 290 1.000 190 200 1.400 190 10,270

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