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

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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. Cost Transportation-in Import duties Insurance during shipment Advertising Sales staff salaries Trimming shrubs Total S Cost 12,000 100 800 170 140 1,400 150 S 14,760 Included in Inventory Cost S 0 Expensed as incurred S 0 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. Cost Transportation-in Import duties Insurance during shipment Advertising Sales staff salaries Trimming shrubs Total S Cost 12,000 100 800 170 140 1,400 150 S 14,760 Included in Inventory Cost S 0 Expensed as incurred S 0

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The total inventory cost assigned to the used car would be 14760 which is the sum of ... View the full answer