Question content area top Part 1 Zephron Music purchased inventory for $ 4 comma 200 and also paid a $ 380 freight bill. Zephron Music returned 20% of the goods to the seller and later took a 2% purchase discount. Assume Zephron Music uses a perpetual inventory system. What is Zephron Music's final cost of the inventory that it kept? (Round your answer to the nearest whole number.)

Question content area top Part 1 Zephron Music purchased inventory for $ 4 comma 200 and also paid a $ 380 freight bill. Zephron Music returned 20% of the goods to the seller and later took a 2% purchase discount. Assume Zephron Music uses a perpetual inventory system. What is Zephron Music's final cost of the inventory that it kept? (Round your answer to the nearest whole number.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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