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Compute total inventory costs assigned to the used car

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Reference no: EM132776317

Problem 1: A car dealer acquires a used car for $17,000, with terms FOB shipping point. Compute total inventory costs assigned to the used car if additional costs include

$200 for transportation-in.
$180 for shipping insurance.
$750 for car import duties.
$170 for advertising.
$2,000 for sales staff salaries.
$100 for trimming shrubs.

Reference no: EM132776317

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