Question: 3 A car dealer acquires a used car for $9,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if

3 A car dealer acquires a used car for $9,000, with

3 A car dealer acquires a used car for $9,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include . $200 for transportation-in. . $100 for shipping insurance. . $940 for car import duties. . $150 for advertising. $1,500 for sales staff salaries. . $180 for trimming shrubs. Included in Inventory Cost Expensed as incurred Cost Transportation-in Import duties Insurance during shipment Advertising Sales staff salaries Trimming shrubs Total Cost $ 9,000 200 940 100 150 1,500 180 $ 12,070

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