Cost and freight - Study guides, Class notes & Summaries
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SCMN 3720 Test 3-Strickland Latest Version Graded A+
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SCMN 3720 Test 3-Strickland Latest 
 
Version Graded A+ 
 
3PL 3rd party logistics. anything that you can outsource 
 
5 Categories of 3PL's 1. Transportation Based 
2. Distribution Based 
3. Forwarder Based 
4. Financial Based 
5. Information Based 
 
Transportation Based business origin in freight movement 
-Move freight, manage transportation operations, operate fulfillment centers, develop logistics 
solutions 
 
Distribution Based Business origin in the public or contract warehousing 
-Foc...
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ACC 100 MIDTERM EXAM ALL POSSIBLE QUESTIONS AND ANSWERS 2024/2025 SOLVED 100%;University of Toronto
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ACC 100 MIDTERM EXAM ALL POSSIBLE QUESTIONS AND ANSWERS 2024/2025 SOLVED 100%;University of Toronto 
 
 
ACC 100 MIDTERM EXAM ALL POSSIBLE QUESTIONS AND ANSWERS 2024/2025 SOLVED 100%;University of Toronto 
 
 
Toons Wholesale has the following transactions during the month of August 2021: 
 
 
Aug. 1	Purchased inventory from Bugs Inc. for $14,000, FOB destination, terms 1/10 n/30. 
 
Aug. 2	 
The appropriate company paid $100 freight on the August 1 purchase. 
 
Aug. 6	 
Returned $4,000 worth of...
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IDIS 240 Final Exam – Vestal Questions and Answers with Complete Solutions Graded A 2024
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Cash Flow - Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank 
 
List Price - The retail price listed 
 
selling price - list price - trade discounts 
 
Net price - = selling price - allowable discounts (cash discounts) 
Net Sale 
 
Cost of Good Sold (COGS) - = Cost of Merchandise + Freight from Manufacturer 
 
Trade Discounts - specify term of sale and change of price with how they see fit. 
 
Cash Discounts - given to encourage buyers to prom...
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AVMG 4200 Test 1 (Graded A+ actual test)
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In order for there to be "Free Markets" several preconditions must be met; among the 
"top three" for a modern economic system are _____ . - ️️a predictable and stable 
means of value exchange 
The accounting paradigm that characterizes costs according to Unit Variable and NonUnit Variable categories is the _____ approach. - ️️managerial accounting 
"Time and Place Utility" refers to the concept or principle of - ️️goods in shortage 
are worth more than goods in surplus 
Produc...
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IDIS 240 Final Exam – Vestal Correctly Answered Questions| UpToDate | Already Graded A+
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Cash Flow 
: Cash in bank > purchased inventory > sold inventory > accounts receivable > 
cash in bank 
List Price 
: The retail price listed 
selling price 
: list price - trade discounts 
Net price 
: = selling price - allowable discounts (cash discounts) 
Net Sale 
Cost of Good Sold (COGS) 
: = Cost of Merchandise + Freight from Manufacturer 
Trade Discounts 
2 | P a g e 
: specify term of sale and change of price with how they see fit. 
Cash Discounts 
: given to encourage buye...
Make study stress less painful
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FAC1601 EXAM PACK 2023
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FAC1601-Exam-Pack - Exam pack 
Financial Accounting and Reporting (University of South Africa) 
lOMoARcPSD| 
Financial Accounting 1B 
Study & Exam Pack for FAC1601 © 2014 
This is prepared for UNISA undergraduate students undertaking the module FAC1601. The past exam 
papers used as a way of practicing the concept emphasized in the study guide for this module 
Compiled by Levison Kamanga (check his profile on ), for and on behalf of 
“Inspired to impact with a difference” 
All the que...
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IDIS 240 Final Exam – Vestal Questions with Complete Solutions 100%
- Exam (elaborations) • 14 pages • 2024
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IDIS 240 Final Exam – Vestal Questions with Complete Solutions 100% 
Cash Flow - Correct Answer Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank 
 
List Price - Correct Answer The retail price listed 
 
selling price - Correct Answer list price - trade discounts 
 
Net price - Correct Answer = selling price - allowable discounts (cash discounts) 
Net Sale 
 
Cost of Good Sold (COGS) - Correct Answer = Cost of Merchandise + Freight from Manuf...
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IDIS 240 exam 2 with Complete Solutions
- Exam (elaborations) • 12 pages • 2024
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IDIS 240 exam 2 with Complete 
 
Solutions 
 
FOB Free of board 
 
NPBT Net Profit before tax 
 
NPAT net profit after tax 
 
SGA selling general and administrative expense 
 
EBITDA earnings before interests taxes depreciation and amortization 
- raising prices increases earning but cutting cogs and expenses provides higher increase 
 
GMROII gross margin return on inventory investment 
 
EBIT earnings before interests taxes 
 
UOM unit of measure 
 
OEM original equipment manufacturer 
 
MRO m...
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AC 200 Exam 2 with complete verified solutions
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Defferral 
a revenue or an expense event that is recognized after cash has been exchanged 
 
 
 
prepaid items 
Deferred expenses (ex. prepaid insurance or prepaid rent) 
 
 
 
Revenue 
an increase in assets or a decrease in liabilities that a company obtains by providing customers with goods or servics 
 
 
 
cash discount 
Price reduction on merchandise sold offered by sellers to encourage prompt payment; when taken, represents a sales discount to the seller and a purchase discount to the buye...
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AVMG 4200 - Exam 1 Questions And Answers Rated A+ New Update Assured Satisfaction
- Exam (elaborations) • 9 pages • 2024
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Under the modern Supply/Value Chain concept, the ______ pays for all the costs of the 
entire process. - ️️Retail Consumer 
The cost per passenger (or pound) for a flight is literally impossible to calculate in 
advance because ______. - ️️The costs are fixed but demand varies. 
Utility or Value in an economic system created by the "physical transformation of 
materials from raw to finished product" is called ______ value. - ️️Form 
The explosion in international trade at the end o...
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