--%>
Assignment Help - homework help

What is Freight-in

What is Freight-in and what are its conditions?

E

Expert

Verified

Freight-in is one of the direct expenses that are paid by purchaser of goods. This is comprised in cost of goods for knowing gross profit. Freight-in might give to road or train transport. When company imports goods from foreign country, loading charges through ship or air will be as well freight-in. When buyer has employed both means and paid freight-in for buying goods, all such cost will be the portion for computing cost of goods sold and also cost per unit goods sold.

   Related Questions in Financial Accounting

  • Q : Assessing risk in the workplace

    Describe the primary steps in assessing risk in the workplace with respect to Health and safety, identify and discuss what actions should be taken to manage or wipe out the risks posed?

    		•
  • Q : Working capital what are the

    what are the disadvantages of having adequate working capital?

    		•
  • Q : Analysis of cash flow statement What do

    What do you mean by the term Analysis of cash flow statement?

    		•
  • Q : Case study of an Operational-Strategy

    Develop a case study of the Operational-Strategy interface as it applies to organisational change (last 3-5 years) within your organisation, together with a project implementation case study .You are required to detail the operational chan

    		•
  • Q : Definition of Ledger What is the

    What is the Definition of Ledger in terms of Accountancy?

    		•
  • Q : Closing entry for financial accounting

    A journal entry that moves the effects of revenues or expenses to the owners' equity account. Only temporary account that is on the income statement is closed. The purpose of a closing entry is twofold. First, it moves revenue to retained earnings on the balance sheet

    		•
  • Q : Case study of a wind turbine for rural

    The goal of this long problem is to validate the turbine performance estimates in specific (XYZ) wind regimes, and estimate its cost.  Below is a list of tasks you will need to accomplish, but you are not limited to these if you want to do more:  

    		•
  • Q : Explain the term Company Explain the

    Explain the term Company in reference to Accounting?

    		•
  • Q : Type of bond instrument You are an

    You are an investment banker who is advising a Euro bank about the new international bond offer it is considering.  Proceeds are to be used to fund Eurodollar loans to the bank clients.  Specify the type of bond instrument you would recommend that bank shoul

    		•
  • Q : Factors influencing the value of

    Factors influencing the value of Goodwill: A) Proficient managementB) Quality of productC) Place of businessD) Accessibility of raw materialE) Positive contracts

    		•