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Required For each of the following events, determine the amount of freight paid by The Box Company. Also indicate whether the freight cos 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 cos would be classified as a product or period selling and administrative costSelect NA if there is no effect.
a Purchased merchandise with freight costs of $ The merchandise was shipped EOB shipping point.
b Shipped merchandise to customers, freight terms FOB shipping point. The freight costs were $
c Purchased inventory with freight costs of $ The goods were shipped FOB destination.
d Sold merchandise to a customer. Freight costs were $ The goods were shipped FOB destination.
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