Backwoods ATV, a dealer acquires a used vehicles for $8,000, with terms FOB shipping point

Accounting Aug 06, 2020

Backwoods ATV, a dealer acquires a used vehicles for $8,000, with terms FOB shipping point. Compute total inventory costs assigned to the used ATV if additional costs include
$180 for transportation-in. 180 $140 for shipping insurance. 140 $810 for car import duties. 810 $140 for advertising. 140 $1,000 for sales staff salaries. 1000 $130 for trimming shrubs. 130

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