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What is cullumber''s inventoriable cost

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Reference no: EM131793632

Cullumber Co., a wholesale company, had the following information in its general ledger for the year 2018.

Merchandise purchased for resale $537,500
Purchase returns 9,500
Marketing expense 6,200
Freight-in 19,600
Interest on notes payable to vendors 4,800
Freight-out (delivery expense on sales) 21,450
Cash discounts on purchases 5,130

What is Cullumber's inventoriable cost for 2018?

Reference no: EM131793632

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