Question
If you ship something to your customer with a cost of $150000 and freight to the customer is $10000 (FOB DESTINATION) what is your cost
If you ship something to your customer with a cost of $150000 and freight to the customer is $10000 (FOB DESTINATION) what is your cost of goods sold. _____________ .
6. My company BUYS PRODUCT FOR SALE FOB shipping point. Cost is $100000 freight in is $5000 how much do I increase my inventory.
7. Same as above but it is FOB destination.
8. same as 6, terms are 2/10n/30 I pay on the NINTH day what is my cost. And what is my inventory now.
9 At the end of a period what most I do to revenue and expense accounts.
10. I bought product for inventory cost is $10000 terms are 1/10n/30 I return $1000 worth because they are yellow, and I wanted blue I pay on the 9th day. What is my cost
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