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Walberg Associates, antique dealers, purchased goods for $38,400. Terms of the purchase were FOB shipping point, and the
Posted: Sun Jul 03, 2022 3:56 pm
by answerhappygod
- Walberg Associates Antique Dealers Purchased Goods For 38 400 Terms Of The Purchase Were Fob Shipping Point And The 1 (30.42 KiB) Viewed 10 times
Walberg Associates, antique dealers, purchased goods for $38,400. Terms of the purchase were FOB shipping point, and the cost of transporting the goods to Walberg Associates's warehouse was $1,650. Walberg Associates insured the shipment at a cost of $240. Prior to putting the goods up for sale, they cleaned and refurbished them at a cost of $580. Determine the cost of inventory. Cost of Inventory Total cost of inventory