6.2

hapter 6 Homework Question 2 value: 0.16 points Walberg Associates, antique dealers, purchased the contents of an estate for $37.500. Terms of the purchase were FOB shipping point, and the cost of transporting the goods to Walberg Associates warehouse was $1.200. Walberg Associates insured the shipment at a cost of $150. Prior to putting the goods up for sale, they cleaned and refurbished them at a cost of $490 Determine the cost of the inventory acquired from the estate. Cost of inventory (estate's contents) Total cost of inventory Hints References eBook & Resources Type here to search