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4. Merchandising Operations
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4. Merchandising Operations
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4. Merchandising Operations / Periodic Inventory - Freight Costs / Problem 9
Problem 9
A buyer purchases 300 units at \$10 each under FOB Shipping Point terms and pays \$50 in freight costs. What is the total inventory cost?
A
\$2,950
B
\$3,050
C
\$3,000
D
\$3,100
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