Cost and freight - Study guides, Class notes & Summaries
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![IDIS 240 EXAM 2 - EVAN VESTAL - SPRING 2024 GRADED A+](/docpics/5283923/6641e4e0c6c12_5283923_121_171.jpeg)
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IDIS 240 EXAM 2 - EVAN VESTAL - SPRING 2024 GRADED A+
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IDIS 240 EXAM 2 - EVAN VESTAL - 
SPRING 2024 GRADED A+ 
 
List Price Nationally Advertised Price 
 
Selling Price List Price - Trade Discounts 
 
= COGS + Margin 
or 
= COGS + Markup 
 
Net Price Selling price - all allowable discounts (cash discounts), equal to selling price IF 
NO DISCOUNTS 
 
Cost of Goods Sold (COGS) Cost of Merchandise + Freight charges from Manufacturer 
 
Freight Cost The cost of moving an item from where it was manufactured to either the 
distributor or the customer's l...
![AVMG 4200 Test 1 (Graded A+ actual test)](/docpics/6192942/66e52b157f77e_6192942_121_171.jpeg)
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AVMG 4200 Test 1 (Graded A+ actual test)
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In order for there to be "Free Markets" several preconditions must be met; among the 
"top three" for a modern economic system are _____ . - ️️a predictable and stable 
means of value exchange 
The accounting paradigm that characterizes costs according to Unit Variable and NonUnit Variable categories is the _____ approach. - ️️managerial accounting 
"Time and Place Utility" refers to the concept or principle of - ️️goods in shortage 
are worth more than goods in surplus 
Produc...
![IDIS 240 Final Exam – Vestal Questions and Answers 100% Pass](/docpics/6838884/67613da79c7b7_6838884_121_171.jpeg)
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IDIS 240 Final Exam – Vestal Questions and Answers 100% Pass
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IDIS 240 Final Exam – Vestal 
Questions and Answers 100% Pass 
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 o...
![SCMN 3710 Exam 3 Strickland Questions and Answers Rated A+](/docpics/5138311/662f7af2164d6_5138311_121_171.jpeg)
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SCMN 3710 Exam 3 Strickland Questions and Answers Rated A+
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SCMN 3710 Exam 3 Strickland 
Questions and Answers Rated A+ 
 
Which mode of transportation is #1 in the U.S. in value of goods, tons, and ton-miles shipped? 
Truck 
 
What is a TL package carrier? Carriers handle single shipments that use the full cubic 
capacity of the trailer or exceed 15,000 pounds. They provide direct service, picking up the load 
 
at the origin point and delivering it directly to the destination without stopping at freight- 
handling terminals. 
 
What is an LTL package c...
![SCMN 3720 Test 3-Strickland Latest Version Graded A+](/docpics/5138167/662f7880744fc_5138167_121_171.jpeg)
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SCMN 3720 Test 3-Strickland Latest Version Graded A+
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SCMN 3720 Test 3-Strickland Latest 
 
Version Graded A+ 
 
3PL 3rd party logistics. anything that you can outsource 
 
5 Categories of 3PL's 1. Transportation Based 
2. Distribution Based 
3. Forwarder Based 
4. Financial Based 
5. Information Based 
 
Transportation Based business origin in freight movement 
-Move freight, manage transportation operations, operate fulfillment centers, develop logistics 
solutions 
 
Distribution Based Business origin in the public or contract warehousing 
-Foc...
![IDIS 240 Final Exam – Vestal Correctly Answered Questions| UpToDate | Already Graded A+](/docpics/5347064/664876e261291_5347064_121_171.jpeg)
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IDIS 240 Final Exam – Vestal Correctly Answered Questions| UpToDate | Already Graded A+
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Cash Flow 
: Cash in bank > purchased inventory > sold inventory > accounts receivable > 
cash in bank 
List Price 
: The retail price listed 
selling price 
: list price - trade discounts 
Net price 
: = selling price - allowable discounts (cash discounts) 
Net Sale 
Cost of Good Sold (COGS) 
: = Cost of Merchandise + Freight from Manufacturer 
Trade Discounts 
2 | P a g e 
: specify term of sale and change of price with how they see fit. 
Cash Discounts 
: given to encourage buye...
![IDIS 240 Final Exam – Vestal Questions With Verified Answers](/docpics/6861963/6765caed2a504_6861963_121_171.jpeg)
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IDIS 240 Final Exam – Vestal Questions With Verified Answers
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©THESTAR EXAM SOLUTIONS 2024/2025 
ALL RIGHTS RESERVED. 
IDIS 240 Final Exam – Vestal Questions 
With Verified Answers 
Cash Flow - AnswersCash in bank > purchased inventory > sold inventory > accounts 
receivable > cash in bank 
List Price - AnswersThe retail price listed 
selling price - Answerslist price - trade discounts 
Net price - Answers= selling price - allowable discounts (cash discounts) 
Net Sale 
Cost of Good Sold (COGS) - Answers= Cost of Merchandise + Freight from M...
![Logistics Quiz #3 || Questions and 100% Accurate Answers.](/docpics/6851365/676396fc18391_6851365_121_171.jpeg)
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Logistics Quiz #3 || Questions and 100% Accurate Answers.
- Exam (elaborations) • 22 pages • 2024
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Transportation correct answers The actual, physical movement of goods and people between two points 
 
Rail Gauge correct answers The distance between the inner sides of two parallel rail tracks - (Standard = 1.435 meters) 
 
Attractiveness of a particular mode of transportation depends on the following attributes: correct answers 1.) Cost (Price that a carrier charges to transport a shipment) 
2.) Speed (Elapsed transit time from pickup to delivery) 
3.) Reliability (Consistency of delivery) 
4...
![IDIS 240 Final Exam – Vestal Questions and Answers with Complete Solutions Graded A 2024](/docpics/5203408/66387b4deb104_5203408_121_171.jpeg)
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IDIS 240 Final Exam – Vestal Questions and Answers with Complete Solutions Graded A 2024
- Exam (elaborations) • 12 pages • 2024
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Cash Flow - Cash in bank > purchased inventory > sold inventory > accounts receivable > cash in bank 
 
List Price - The retail price listed 
 
selling price - list price - trade discounts 
 
Net price - = selling price - allowable discounts (cash discounts) 
Net Sale 
 
Cost of Good Sold (COGS) - = Cost of Merchandise + Freight from Manufacturer 
 
Trade Discounts - specify term of sale and change of price with how they see fit. 
 
Cash Discounts - given to encourage buyers to prom...
![AVMG 4200 - Exam 1 Questions And Answers Rated A+ New Update Assured Satisfaction](/docpics/6192853/66e525434a249_6192853_121_171.jpeg)
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AVMG 4200 - Exam 1 Questions And Answers Rated A+ New Update Assured Satisfaction
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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...
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