Question 1 (1 point) The recorded cost of inventory would include the purchase price plus: transportation charges incurred by the seller. O interest costs incurred on money borrowed to finance the inventory. transportation charges incurred by the buyer. O All of these. None of these Question 2 (1 point) Alta had beginning inventory of 100 units at $10 each. The purchase price increased steadily during the period. Purchases during the period were 200 at $11 each, 300 at $13 each, and 150 at $15 each. Sales were 500 units at $20. Using periodic FIFO: ending inventory is $2,650. O cost of goods sold is $6,233. O gross profit is $4,200. All of the above