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QUESTION 12:Yowell Company had the following transactions during March 2016: Purchased merchandise inventory of $12,500 from Rochester Company with freight terms FOB destination. Freight costs
| QUESTION 12:Yowell Company had the following transactions during March 2016: |
| Purchased merchandise inventory of $12,500 from Rochester Company with freight terms FOB destination. |
| Freight costs on the Rochester Company purchase were $400. |
| Purchased merchandise inventory of $21,500 from Trenton Company with freight terms FOB shipping point. |
| Freight costs on the Trenton Company purchase were $600. |
| What is the total amount Yowell Company recorded to the Merchandise Inventory account as a result of these transactions? |
A.$34,000
B.$34,400
C.$34,600
D.$35,000
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