Business, 24.03.2020 05:39 iwantcandy2002

Walberg Associates, antique dealers, purchased goods for $39,300. Terms of the purchase were FOB shipping point, and the cost of transporting the goods to Walberg Associates's warehouse was $2,100. Walberg Associates insured the shipment at a cost of $330. Prior to putting the goods up for sale, they cleaned and refurbished them at a cost of $670. Determine the cost of inventory.

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Walberg Associates, antique dealers, purchased goods for $39,300. Terms of the purchase were FOB shi...

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