A machinery dealer purchases a machine for $8,000. The terms of sale were FOB shipping...

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Accounting

A machinery dealer purchases a machine for $8,000. The terms of sale were FOB shipping point. Using the additional cost information below, determine the total inventory costs assigned to the machine.
$190 for transportation-in and delivery insurance.
$1,000 for import taxes.
$180 for digital advertising.
$1,400 for sales commissions.
$160 for sales floor cleaning.

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