Walberg Associates, antique dealers, purchased the contents of an estate for $39,100. Terms of the purchase were FOB shipping point, and the cost of transporting the goods to Walberg Associates warehouse was $2,000. Walberg Associates insured the shipment at a cost of $310. Prior to putting the goods up for sale, they cleaned and refurbished them at a cost of $650. Determine the cost of the inventory acquired from the estate

$42,060

Explanation:

Walberg Associates cost of the inventory acquired from the estate will be:

Cost of inventory

Price 39,100

Transportation 2,000

Shipment Insurance 310

Cleaning and refurbishing 650

Total cost of inventory 42,060

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

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