--%>

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 : Balance of payments deficit or surplus

    Describe how country may run an overall balance of payments deficit or surplus.

  • Q : Meaning of drawing What is the meaning

    What is the meaning of drawing in financial accounting?

  • Q : Prepare the balance sheet At the end of

    At the end of March, 2006 the balances in the various accounts of TTTTT & Company are as follows: Rs. in million Accounts Balance Equity capital 120 Preference capital 30 Fixed assets (net) 217 Reserves and surplus 200 Cash

  • Q : Case study of a hospitals Radiology

    The typical mid-sized hospital trying to keep its head above water in the increasingly tight health care market. It has determined that a critical area for it in today’s market is customer service. Until eight or nine years ago, hospital’s had a reputation

  • Q : Theory of the comparative advantage How

    How theory of the comparative advantage relates to the currency swap market?

  • Q : Freedmens Bureau What did Freedmen’s

    What did Freedmen’s Bureau do?

  • Q : Progressives The progressives were

    The progressives were fascinated in “making people better.” What types of things were they fascinated in changing and who were they aiming their changes at?

  • Q : Explain accounting equation in brief..

    what is accounting equation? explain accounting equation and explain its importance?

  • Q : Special drawing rights Discuss how the

    Discuss how the special drawing rights (SDR) are formed. And also, explain the circumstances due to which SDR was created.

  • Q : Calculating Dixons Retail plc in

    Discover Q & A

    Leading Solution Library
    Avail More Than 1422517 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1942916
    Asked

    3,689

    Active Tutors

    1422517

    Questions
    Answered

    Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.