a-buyer-purchases-300-units-at-10-each-under-fob-shipping-point-terms-and-pays-5

Question

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?

Accepted Answer

$3,050

Answer

$2,950

Answer

$3,000

Answer

$3,100

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?