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QS 5-2 (Algo) Inventory costs LO C1 A car dealer acquires a used car for...

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Accounting

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QS 5-2 (Algo) Inventory costs LO C1 A car dealer acquires a used car for $16,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include - $210 for transportation-in. - \$120 for shipping insurance. - $860 for car import duties. - $160 for advertising. - $1,300 for sales staff salarles. - $170 for trimming shrubs

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