The following events apply to Bob's Hobby Shop.
1. Sold merchandise to a customer. The goods were shipped FOB destination, and the amount of freight was $75.
2. Purchased merchandise with freight cost of $125, shipped with the terms FOB destination.
3. Sold merchandise to a customer with freight cost of $90, shipped FOB shipping point.
Required:
Based on the above events, what is the total amount of freight that will be paid by Bob's Hobby Shop?

Question

Quizplus · Accepted Answer

The Answer of The following events apply to Bob's Hobby Shop.
1. Sold merchandise to a customer. The goods were shipped FOB destination, and the amount of freight was $75.
2. Purchased merchandise with freight cost of $125, shipped with the terms FOB destination.
3. Sold merchandise to a customer with freight cost of $90, shipped FOB shipping point.
Required:
Based on the above events, what is the total amount of freight that will be paid by Bob's Hobby Shop?

The Following Events Apply to Bob's Hobby Shop