Question: Swed Help Save & Exit Submit QS 5-2 Identifying inventory costs LO C2 Costs of $14.000 were incurred to acquire goods and make them ready

 Swed Help Save & Exit Submit QS 5-2 Identifying inventory costs

Swed Help Save & Exit Submit QS 5-2 Identifying inventory costs LO C2 Costs of $14.000 were incurred to acquire goods and make them ready for sale. The goods were shipped to the buyer (FOB shipping point for a cost of $1100. Additional necessary costs of $2.200 were incurred to acquire the goods. No other incentives or discounts were available. What is the buyer's total cost of merchandise inventory? Multiple Choice 514000 $15.100

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