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Costs of $15,000 were incurred to acquire goods and make them ready for sale. The goods were shipped to the buyer (FOB shippi
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Answer #1

Answer-:

Total cost to acquire inventory includes amount paid upto the time goods reached at the stores.

So, buyer's total cost of inventory are as follows-:

Cost of goods required to sale. $15,000

Shipping charges. $1,200

Additional necessary costs. $2,400

Total costs. $18,600

So, the correct answer is (a). $18,600.

Thankyou.........

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