A _____ is the amount by which the average transportation charge exceeds the actual cost of shipping.
A)rebate
B)list price
C)phantom freight
D)transfer price

Question

Quizplus · Accepted Answer

Phantom freight is the additional amount added to the transportation charge above the actual cost of shipping. It is usually added to the list price to cover transportation costs but can be used as a way to increase profits for the company. Rebate is a refund for overpaying, list price is the price set by the manufacturer or seller, and transfer price is the price charged for goods or services when transferring goods between different departments of the same company. None of these options fit the definition given in the question.

A _____ Is the Amount by Which the Average Transportation