Business
06.02.2020 11:55
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Asmall stock dividend is defined as a stock dividend of less than percent.

Asmall stock dividend is defined as a stock dividend of less than percent.
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issagirl23
issagirl23
4,4(8 marks)

 

$13,070

Explanation:  

The Cost of inventory = all cost of purchase; including costs of conversion and transfer.

Calculation of Inventory Cost FOB ship.  

Cost of Purchase $12,000  

Transportation-in       $100

Shipping insurance    $170

Car import duties      $800

Total Cost              $13,070

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