CORRECT ANSWER D. THE CARRYING COST OF INVENTORY IS $8,160 AS S...
165.
Correct answer d. The carrying cost of inventory is $8,160 as shown below.
Carrying cost
=
[2,400 + (2,000 ÷ 2)] x ($12 x .20)
=
$8,160
165.
Correct answer d. The carrying cost of inventory is $8,160 as shown below.
Carrying cost
=
[2,400 + (2,000 ÷ 2)] x ($12 x .20)
=
$8,160