Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

8. Explain the contact hypothesis.

Answered: 1 week ago

Question

7. Identify four antecedents that influence intercultural contact.

Answered: 1 week ago