a-company-purchases-300-units-at-8-each-under-fob-shipping-point-terms-the-freig

Question

A company purchases 300 units at $8 each under FOB Shipping Point terms. The freight cost is $60. What is the total inventory value recorded?

Accepted Answer

$2,460

Answer

$2,400

Answer

$2,500

Answer

$2,360

A company purchases 300 units at \$8 each under FOB Shipping Point terms. The freight cost is \$60. What is the total inventory value recorded?