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What is Freight-in

What is Freight-in and what are its conditions?

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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.

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