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a. $14, 700 80. Merchandise with an invoice price of $5,000 is purchased on September 2 subject to terms of 2/10, n/30, FOB shipping point.
a. $14, 700 80. Merchandise with an invoice price of $5,000 is purchased on September 2 subject to terms of 2/10, n/30, FOB shipping point. Freight costs paid by the seller totaled $200. What is the cost of the merchandise if paid on September 11, assuming the discount is taken? a. $5,200 b. $5, 100 C. $5,000 d. $4,900
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
