Which of the following is NOT used to determine the cost of net purchases?

Name: Which of the following is NOT used to determine the cost of net purchases?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Freight-out is a cost incurred by the seller to transport goods from their location to the buyer's location. It is not a cost incurred by the buyer and therefore not used to determine the cost of net purchases. Freight-in, purchase returns, and purchase discounts are all factors that can affect the cost of net purchases.

Which of the Following Is NOT Used to Determine the Cost