Carlton Company purchases $8,000 of inventory with shipping terms, FOB Portland. Carlton is based in Seattle and the supplier is based in Portland. The shipping costs are $450. What is the cost of Carlton's inventory?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Carlton Company purchases $8,000 of inventory with shipping terms, FOB Portland. Carlton is based in Seattle and the supplier is based in ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What are some of the strategies that you can demonstrate in order to keep your job in a competitive job market? In a paragraph or two, describe atleast three of these strategies and give reasons why you believe that are important.
Answers (1)
Macroeconomics is the field of study which is concerned with the overall performance of the economy. Some subsets of this field include
Answers (1)
Last year, Barnard Company incurred the following costs: direct materials, $50,000; direct labor, $20,000; manufacturing overhead, $130,000; selling expense, $40,000; administrative expense, $36,000.
Answers (1)
The account allowance for doubtful accounts is classified as a (n
Answers (1)
Which of the following journal entries will record the payment of a $675 accounts payable originally incurred for Office Supplies? A. Debit Office Supplies; credit Accounts PayableB. Debit Accounts Payable; credit CashC.
Answers (1)
New Questions in Business
That the total dollar amount of the debits equals the total dollar amount of the credits in the ledger accounts can be verified through a (n) a. balance sheet b. trial balance c. chart of accounts d. income statement
Answers (1)
Coronado Shoes Fool Inc. is involved in litigation regarding a faulty product sold in a prior year. The company has consulted with its attorney and determined that it is possible that they may lose the case.
Answers (1)
Suppose during 2014 that Federal Express reported the following information (in millions) : net sales of $35,497 and net income of $98.
Answers (2)
During a certain four-year period, the consumer price index (CPI) increased by 30%, but during the next four-year period, it increased by only 10%. Which of these conditions must have existed during the second four-year period? A. Deflation B.
Answers (2)
Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct materials requirement per unit is 2 ounces (oz.).
Answers (1)