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Perpetual Inventory - Freight Costs
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Perpetual Inventory - Freight Costs
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4. Merchandising Operations / Perpetual Inventory - Freight Costs / Problem 9
Problem 9
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?
A
\$2,400
B
\$2,460
C
\$2,500
D
\$2,360
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