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Business, 10.12.2021 05:40 fmas6855

On December 28, Kerr Manufacturing Co. purchased goods costing $50,000. The terms were F.0.B. destination. Some of the costs incurred in connection with the sale and delivery of the goods were as follows. Packaging for shipment $1,000
Shipping 4,500
Special handling charges 2,000

These goods were received on December 31. In Kerr's December 31 balance sheet, what amount of cost for these goods should be included in inventory?

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On December 28, Kerr Manufacturing Co. purchased goods costing $50,000. The terms were F.0.B. destin...
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