If the merchandise costs $5,000, insurance in transit costs $250, tariff costs $75, processing the purchase order by the purchasing department costs $25, and the company receiving dock personnel cost $20, what is the total cost charged to the merchandise?

Question

Quizplus · Accepted Answer

The total cost charged to the merchandise is the sum of the merchandise cost, insurance in transit, tariff, processing the purchase order by the purchasing department, and the company receiving dock personnel cost. Therefore, the total cost is $5,000 + $250 + $75 + $25 + $20 = $5,370.

If the Merchandise Costs $5,000, Insurance in Transit Costs $250