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Whispering Ltd. has the following information related to its inventory of embroidered baseball caps: purchase price, 58,500,000; import duties, 487,500; interest costs on inventory loan,
Whispering Ltd. has the following information related to its inventory of embroidered baseball caps: purchase price, 58,500,000; import duties, 487,500; interest costs on inventory loan, 676,000; and transportation costs, 162,500. Determine the cost of the Whispering inventory. Cost of Inventory
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