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Business, 21.10.2020 16:01 payshencec21

A car dealer acquires a used car for $12,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include: $100 for transportation-in.
$170 for shipping insurance.
$800 for car import duties.
$140 for advertising.
$1,400 for sales staff salaries.
$150 for trimming shrubs.

Required:
For computing inventory, what cost is assigned to the used car?

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Answers: 2

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A car dealer acquires a used car for $12,000, with terms FOB shipping point. Compute total inventory...
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