QS 6-2 Inventory costs LO C2 car dealer acquires a used car for $19,000, terms FOB shipping point Additional costs in obtaining and offering the cor for sale include: $120 for transportation-in, . $170 for insurance during shipment $730 for import duties. $110 for advertising . $2,000 for sales staff salaries For computing inventory, what cost is assigned to the used car? Included in Expensed Cost Inventory Cost as incurred 19,000 120 730 170 110 2,000 Cost Transportation-in Import duties Insurance during shipment Sales staff salaries Total 22.1