Question: 1 Exercise 6-2 Inventory costs LO C2 33.33 points Walberg Associates, antique dealers, purchased goods for $75,000. Terms of the purchase were FOB shipping point,

1 Exercise 6-2 Inventory costs LO C2 33.33 points Walberg Associates,

1 Exercise 6-2 Inventory costs LO C2 33.33 points Walberg Associates, antique dealers, purchased goods for $75,000. Terms of the purchase were FOB shipping point, and the cost of transporting the goods to Walberg Associates's warehouse was $2,400. Walberg Associates insured the shipment at a cost of $300. Prior to putting the goods up for sale, they cleaned and refurbished them at a cost of $980. 8 02:04:18 Determine the cost of inventory. eBook Cost of inventory Ask Total cost of inventory

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