Winnipeg Metallic Company,a manufacturer of baking pans,requires its buyers to pay for the cost of transportation from the manufacturing site to their place of businesses.Winnipeg Metallic uses FOB origin pricing.

Question

Quizplus · Accepted Answer

FOB (Free On Board) origin pricing means that the buyer is responsible for paying the cost of transportation from the manufacturing site to their place of business. Therefore, the statement is true.

Winnipeg Metallic Company,a Manufacturer of Baking Pans,requires Its Buyers to Pay