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WAXS-D,merchandisers of Musical Instruments,has Provided the Following Details

Question 64

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WAXS-D,merchandisers of musical instruments,has provided the following details:
WAXS-D,merchandisers of musical instruments,has provided the following details:   Credit terms are: 4/20,n/45,FOB shipping point.Calculate the net cost of inventory purchased assuming that there are no other inventory-related transactions during the month. A) $713,000 B) $665,280 C) $658,000 D) $666,680
Credit terms are: 4/20,n/45,FOB shipping point.Calculate the net cost of inventory purchased assuming that there are no other inventory-related transactions during the month.


A) $713,000
B) $665,280
C) $658,000
D) $666,680

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