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Posted: June 15th, 2022
Zonker Inc purchases 500 units of an item at an invoice cost of $30,000
Zonker Inc purchases 500 units of an item at an invoice cost of $30,000. What is the cost per unit? If the goods are shipped f.o.b. shipping point and the freight bill was $1,500, what is the cost per unit if Zonker Inc pays the freight charge? If these items were bought on 2/10, n/30 terms and the invoice and the freight bill were paid within the 10-day period, what would be the cost per unit?
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