Problem $4-23$A $($Algo$)$ Identifying freight costs LO $4-4$

Required

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$.$

Purchased merchandise with freight costs of $$1,600.$ The merchandise was shipped FOB shipping point.

Shipped merchandise to customers, freight terms FOB shipping point. The freight costs were $$1,900.$

Purchased inventory with freight costs of $$2,500.$ The goods were shipped FOB destination.

Sold merchandise to a customer. Freight costs were $$1,400.$ The goods were shipped FOB destination.

Note: Not all cells will require input.