Question: On Dec 2 3 rd 2 0 2 2 K Ltd purchased Inventory from M Ltd on FOB Shipping Terms , Additional Costs incurred in
On Dec rd K Ltd purchased Inventory from M Ltd on FOB Shipping Terms Additional Costs incurred in connection with purchase included the following
Freight in :
Special handling Cost :
Insurance on Shipment :
What amount of these additional cost are inventoriable and by which party K Ltd or M Ltd would they be reported
K Ltd
M Ltd
K Ltd
M Ltd
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