EFF MA shipper has the following cargo and associated freight costs:8 x 40-ft containers said to contain computers and computer accessories.Invoice value of the goods: CAD $200,000.00Ocean freight Montréal-Hamburg per container: US $750.00Pre-carriage Toronto to Montreal all in, per container: CAD $200.00All risk marine premium rate: 0.45%Exchange rate: US $1.00 = CAD $1.10Based on your previous calculation, what is the insurance premium (the amount paid for Insurance) on thiscargo? Select one answer.CAD $936.90CAD $1,035.23CAD $1,037.22 EFF TeA shipper has the following cargo and associated freight costs:8 x 40-ft containers said to contain computers and computer accessories.Invoice value of the goods: CAD $200,000.00Ocean freight Montréal-Hamburg per container: US $750.00Pre-carriage Toronto to Montreal all in, per container: CAD $200.00All risk marine premium rate: 0.45%Exchange rate: US $1.00 = CAD $1.10Based on the information provided, what is the 110% CIP value? Select one answer.CAD $208,200.00CAD $230,050.59CAD $230,492.57CAD $230,604.60A sh

EFF ATe A shipper has the following cargo and associated freight costs: 8 x 40-ft containers said to contain computers and computer accessories. Invoice value of the goods: CAD $200,000.00 Ocean freight Montréal-Hamburg per container: US $750.00 Pre-carriage Toronto to Montreal all in, per container: CAD $200.00 All risk marine premium rate: 0.45% Exchange rate: US $1.00 = CAD $1.10 Based on the information provided, what is the 110% CIP value? Select one answer. CAD $208,200.00 CAD $230,050.59 CAD $230,492.57 CAD $230,604.60

EFF ATe A shipper has the following cargo and associated freight costs: 8 x 40-ft containers said to contain computers and computer accessories. Invoice value of the goods: CAD $200,000.00 Ocean freight Montréal-Hamburg per container: US $750.00 Pre-carriage Toronto to Montreal all in, per container: CAD $200.00 All risk marine premium rate: 0.45% Exchange rate: US $1.00 = CAD $1.10 Based on the information provided, what is the 110% CIP value? Select one answer. CAD $208,200.00 CAD $230,050.59 CAD $230,492.57 CAD $230,604.60

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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How much is the total cost of inventories purchased? A. 989,000 B. 1,006,000 C. 954,000 D. 826,000
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Goods in the receiving department, returned by customer, in good condition 18.750.00 Goods ordered and in the receiving department, invoice not received 150,000.00 Goods ordered, invoice received but goods not received. Freight paid by seller 112,500.00 Goods shipped today, invoice mailed, FOB shipping point 93,750.00 Goods shipped today, invoice mailed, FOB shipping destination 55,000.00 Goods currently being used for window display 75,000.00 Goods in the counter for sale 300,000.00 Goods in the receiving department, refused by us because of damage 67,500.00 Goods included in count, damaged and unsalable 18,750.00 Goods in the shipping department 101,250.00 46. How much is the additional adjustment to the balance? A.P 500,000. B. P 600,000. CP 700,000. D.P 800,000.
Opening stock of Raw material is 180000 OMR , Freight Inwards 5000 OMR, Purchases of Raw material 730000 OMR, Purchase returns is 1000 OMR and Closing stock of Raw material is 28000 OMR, Wages is 85,000 OMR direct Expenses is 75000 OMR Calculate Prime cost. a. 1,059,000 OMR b. 984,000 OMR c. None of these d. 1,046,000 OMR
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Given 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 16
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Purchase-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?
v2.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.
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