Solution-What is the net cost of the refrigerator to the

What is the net cost of the refrigerator to the dealer

Reference no: EM13510746

A household appliance dealer buys refrigerators from a manufacturer and resells them to its customers.

a. The manufacturer sets a list or catalogue price of $2,500 for a refrigerator. The manufacturer offers its dealers a 30 percent trade discount.
b. The manufacturer sells the machine under terms of FOB destination. The cost of shipping is $240.
c. The manufacturer offers a sales discount of 2/10, n/30. Sales discounts dot not apply to shipping costs.
What is the net cost of the refrigerator to the dealer, assuming it is paid for within 10 days of purchase?

Reference no: EM13510746

Questions Cloud

What was its cost of goods sold : Berry Company sold goods with a total selling price of $800,000 during the year. It purchased goods for $380,000 and had beginning inventory of $67,000. A count of its ending inventory determined that goods on hand was $50,000. What was its cost o..

Find where does the ball land relative to homeplate : An outfielder in baseball throws a baseball from the warning track toward homeplate with a speed of 111.83 125 ft/s at an angle of 40.1640 degrees. where does the ball land relative to homeplate

Should the sales tax be recorded at the time of sale : Should the sales tax be recorded at the time of sale or when payment is received?

What is the horizontal distance from the wall : A cannon fires a cannonball from the top of a wall at a speed of 91.05 m/s and an angle of 31.18 degrees from the horizontal. What is the horizontal distance from the wall where the fired cannonball hits the ground

What is the net cost of the refrigerator to the dealer : What is the net cost of the refrigerator to the dealer, assuming it is paid for within 10 days of purchase?

Examine the two operating statements : Examine the two operating statements in detail, paying particular attention to the lines on which changes in net position and changes in fund balances are reported and develop a list of reasons why the two numbers are not the same.

How far away will the target need to be : Angry Bird is launched horizontally with a slingshot with a speed of 1.87 m/s. If the initial height of the Angry Bird is 20.41 cm, how far away will the target need to be, in meters

Find the net energy entering the system : Suppose 1.0 mol of a monatomic ideal gas initially at 6.5 L and 290 K is heated at constant volume to 570 K, find the net energy entering the system (the gas) as heat

What are the ethical considerations that kravetz faces : What are the ethical considerations that Kravetz faces in answering the auditors question?Howshould she respond to the question.

User Account

All Pages

What is the net cost of the refrigerator to the dealer

Reference no: EM13510746

Reference no: EM13510746

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT