FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- How much is the total cost of inventories purchased? A. 989,000 B. 1,006,000 C. 954,000 D. 826,000arrow_forwardpls answer the following questionarrow_forwardGiven the following truck freight rate tariff (in lbs/cwt from Toronto), what is the freight charge for a shipment weighing 1900 lb going to Chatham? Location Min Cambridge 50.00 Kitchener 55.00 85.00 75.00 90.00 38.00 100.00 40.00 125.00 50.00 Fort Erie London Chatham Windsor Sarnia $532.00 $454.86 $478.80 $505.40 LTL 20.00 22.00 34.00 28.00 +500 16.00 17.60 27.20 22.40 30.40 32.00 40.00 +1000 14.00 15.40 23.80 19.60 26.60 28.00 35.00 D A +2000 12.60 13.86 21.42 17.64 23.94 25.20 31.50 11 D +5000 11.09 12.20 18.85 15.52 21.07 22.18 27.72 B 43 +10,000 7.76 8.54 13.19 10.87 14.75 15.52 19.40 16arrow_forward
- Need Correct optionarrow_forwardPurchase-Related Transactions A retailer is considering the purchase of 250 units of a specific item from either of two suppliers. Their offers are as follows: Supplier One: $400 a unit, total of $100,000, 1/10, n/30, no charge for freight.Supplier Two: $399 a unit, total of $99,750, 2/10, n/30, plus freight of $975. Price of Supplier One:$ Price of Supplier Two:$ Which of the two offers, Supplier One or Supplier Two, yields the lower price?arrow_forwardv2.cengagenow.com Purchase-Related Transactions A retailer is considering the purchase of 1,000 units of a specific item from either of two suppliers. Their offers are as follows: Supplier One: $34.80 a unit, 1/10, n/30, no charge for freight. Supplier Two: $35.00 a unit, 2/10, n/30, plus freight of $200. Price of Supplier One: $ X Price of Supplier Two: X Which of the two offers, Supplier One or Supplier Two, yields the lower price? Supplier One Feedback Check My Work Calculate the total price for each offer, keeping in mind that the discount is deducted from the total price and the freight is added.arrow_forward
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