Cost and freight - Study guides, Class notes & Summaries

Cash Flow - Answer-Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank List Price - Answer-The retail price listed selling price - Answer-list price - trade discounts Net price - Answer-= selling price - allowable discounts (cash discounts) Net Sale Cost of Good Sold (COGS) - Answer-= Cost of Merchandise + Freight from Manufacturer Trade Discounts - Answer-specify term of sale and change of price with how they see fit. Cash Discounts - Ans...

TEST BANK for Macroeconomics in Modules, 3rd Edition by Paul Krugman, Robin Wells. All Chapters (Complete download). 1248 Pages Test Bank for Macroeconomics in Modules, 3e Paul Krugman, Robin Wells (All Chapters) Chapter 1 1. Scarcity in economics means: *a. we do not have sufficient resources to produce all the goods and services we want. b. the wants of people are limited. c. there must be poor people in rich countries. d. shortages exist in nearly all markets. 2. If resources ar...

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...

IDIS 240 Vestal Exam 2 Latest Update Graded A+ NPBT Net profit before tax=EBIT- Interest NPAT Net profit after tax=NPBT- taxes SGA Selling General and Administrative expenses EBITDA Earnings before interest, taxes depreciation and amortization GMROII Gross margin return on inventory investment EBIT Earnings before interest taxes UOM Unit of measure OEM Original equipment manufacturer MRO Maintenance repair and operations Agent Very similar to a manufacturing sale...

SCMN 3720 Test 2 Questions and Answers Already Passed What drives transportation pricing across the modes? service characteristics drive price (accessibility, speed, reliability, capability, and cost/lb) What service characteristic is the major driver of price across modes? speed What primarily drives transportation pricing within the mode? -Capacity (Supply) Number of Drivers, Tractors,Trailers/Containers, Cargo Ships, Cargo Aircraft -Shipping Volume (Demand) Driven by demand for co...

SCMN 3720 test 2 Strickland Questions and Answers Already Passed How many people are employed in the U.S. motor carrier industry in 2014? 7.3 million people 2) How many for hire interstate motor carriers were on file with the DOT in 2015? 586,014 True or false: less than truck load motor carriers do not need terminals. false: TL carriers may not need them, but LTL carriers must have them 4) What is the minimum capital needed to form a TL motor carrier? $5k - $10k True or fals...

TRL2604-Integrated Logistics Oct-Nov 2022 Exam Q & A. SECTION A QUESTION 1 1.1 Define Logistics Management (5 marks) Logistics management is the administration of supply chain management functions that assists firms in planning, managing, and implementing systems for moving and storing commodities. Inbound and outbound transportation management, fleet management, warehousing, materials handling, order fulfilment, logistics network design, inventory control, supply and demand planning, a...

What is a reason to use the Items tab when entering a bill? a. To track expenses. b. To assign a cost to a job or purchase inventory. c. To track freight charges. d. There is not an Items tab on the Enter Bills form. - ️️To assign a cost to a job or purchase inventory To have accurate job cost reports in the "Jobs, Time, and Mileage" category, QuickBooks requires item information on any job-related expense. You must also enter inventory items when you purchase them so Qu...

Compute freight costs based on weight (in tons), distance and freight rate (based on full truck load or partial truck load): correct answers Freight cost = D x Wt x Rt D = Distance Wt = Annual weight in tons = R*w/2000 lbs/ton R = Rate (Freight cost in ton-miles) Compute inventory holding costs after determining average inventory: correct answers Annual Holding cost= (Q/2)kc = (order quantity/2)(holding cost)(purchase cost) Annual Order Cost= (R/Q)s = (annual requirements/order quantity...

FedEx Assessment Latest Version Graded A+ Dimensional Weight Size of pkg (APPLY TO ALL PKG's) 3-steps to Initiate sale Summarize, confirm, ask Feature Facts Benefits Why customer will gain Relevance How specifically apply to customer's need or buying motive Quantification How numbers involved (proof) Standard Overnight Cost effective, Time definite Ground shipping (effective) Date effective Express (effective) Time effective Express freight weight 151-lbs in th...