What was the cost of the inventory for U's textbook sale transactions?

To determine the cost of the inventory for U's textbook sale transactions, you need to analyze the data provided about the transactions. If the cost of the inventory includes all related expenses to acquire or produce the textbooks sold, the value should reflect the total of these costs.

In many cases, the cost of inventory encompasses the purchase price of the textbooks, as well as any additional costs necessary to bring the inventory to a sellable condition, such as shipping and handling fees. If the provided answer is 12,000,000, it suggests that this amount accurately represents the culmination of all relevant costs associated with acquiring and preparing the textbooks for sale.

This value might be derived from an aggregate calculation of the number of textbooks sold multiplied by their per-unit cost, along with any additional costs that are allocated to inventory. When you assess sales transactions, it’s critical to keep in mind the overall expenses involved in inventory acquisition, not just the price paid to suppliers.

Considering this approach will clarify why the cost of inventory listed as 12,000,000 is likely the correct and comprehensive total that accounts for all aspects of cost involved in the textbook sale transactions.