Rigby Company purchased merchandise from a supplier in Hong Kong with an invoice cost of $10,000 and

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Question:

Rigby Company purchased merchandise from a supplier in Hong Kong with an invoice cost of $10,000 and shipping terms of FOB destination. The freight costs amount to $1,000. Rigby should record inventory at a cost of ________.

A) $11,000
B) $10,000
C) $9,000
D) $1,000