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For each of the following events, determine the amount of freight paid by The Box Company. Also indicate whether the freight cost would be

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For each of the following events, determine the amount of freight paid by The Box Company. Also indicate whether the freight cost would be classified as a product or period (selling and administrative) cost. a. Purchased inventory with freight costs of $900. The goods were shipped FOB shipping point. b. Sold merchandise to a customer. Freight costs were $1,200. The goods were shipped FOB shipping point. c. Purchased merchandise inventory with freight costs of $1,800. The merchandise was shipped FOB destination. d. Shipped merchandise to customers, freight terms FOB destination. The freight costs were $700. (Not all cells will require input.) Event Freight Costs Paid Period/Product a. b. C. d.

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