On December 28, Kerr Manufacturing Co. purchased goods costing $50,000. The terms were F.0.B. destination. Some of the costs incurred in connection with the sale and delivery of the goods were as follows.
Packaging for shipment $1,000
Shipping 4,500
Special handling charges 2,000
These goods were received on December 31. In Kerr's December 31 balance sheet, what amount of cost for these goods should be included in inventory?
Answers: 2
Another question on Business
Business, 22.06.2019 03:00
Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit
Answers: 1
Business, 22.06.2019 03:50
John is a 45-year-old manager who enjoys playing basketball in his spare time with his teenage sons and their friends. at work he finds that he is better able to solve problems that come up because of his many years of experience, but while on the court, he finds he is not as good keeping track of the ball while worrying about the other players. john's experience is:
Answers: 1
Business, 22.06.2019 06:30
Double corporation acquired all of the common stock of simple company for
Answers: 2
Business, 22.06.2019 06:30
Select all that apply. what do opponents of minimum wage believe are the results of minimum wage? increases personal income results in job shortages causes unemployment raises prices of goods
Answers: 1
You know the right answer?
On December 28, Kerr Manufacturing Co. purchased goods costing $50,000. The terms were F.0.B. destin...
Questions
Mathematics, 25.02.2021 23:50
Mathematics, 25.02.2021 23:50
Mathematics, 25.02.2021 23:50
Mathematics, 25.02.2021 23:50
English, 25.02.2021 23:50
English, 25.02.2021 23:50
Health, 25.02.2021 23:50
