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Naddik [55]
3 years ago
11

Merchandise sold FOB shipping point indicates that:

Business
1 answer:
USPshnik [31]3 years ago
8 0

Answer:

The correct answer is A: The seller transfers title to the buyer once the merchandise is shipped.

Explanation:

F.O.B. (Free on Board)  is an incoterm 2010. Incoterms are practical rules in international commerce. Practical means they are not obligatory. Incoterms helps determine when the responsibility of each part changes, the cost of freight and insurance.

In this case, in the incoterm F.O.B terms the seller bears all costs and risks up to the point the goods are loaded onboard the vessel.  It requires a seller to deliver goods on board a vessel that is to be designated by the buyer in a manner customary at the particular port. The seller must arrange for export clearance.

The buyer pays the cost of marine freight transportation, bill of lading fees, insurance, unloading, and transportation cost from the arrival port to destination.

To clarify, the seller must pay the internal freight, insurance until the goods are on board, and held the responsibility to the point in which the goods are on board in the negotiated manner.

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stiv31 [10]

The correct match from the given image is that the first picture is the example of the sensory memory, second picture is Short-Term Memory, and third one is Long-term Memory.

<h3>What is the sensory memory?</h3>

The human body's sensory receptors receive sensory messages, which the neurological system processes. Sensory memory only stores sensory data for as long as it takes to convert it to short-term memory.

The first image is an example of sensory memory, the second is Short-Term Memory, and the third is Long-Term Memory, which is the correct match from the given image.

Therefore, the memory are of three types short-term memory, long-term memory, and sensory memory.

Learn more about the memory, refer to:

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5 0
2 years ago
Read 2 more answers
After-tax net income divided by the average amount invested in a project, is the:______.
AnnyKZ [126]

After-tax net income divided by the average amount invested in a project is the accounting rate of return.

Net Income After Tax (NIAT) is a financial term used to describe a company's profit after all taxes have been paid. Net income after tax represents profit or profit after deducting all expenses from income. Net income is calculated by subtracting all expenses from income.

Net income is usually synonymous with profit as it is the ultimate measure of a company's profitability. Net income is also called net income because it represents the net profit that remains after all expenses and expenses are deducted from the income.

Learn more about net income at

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8 0
2 years ago
The Thomlin Company estimates that total overhead for the current year will be $16,000,000 and that total machine hours will be
anzhelika [568]

Answer:

d. $80 per machine hours

Explanation:

The computation of the overhead rate is shown below:

Overhead rate = Estimated total overhead cost ÷ total machine hours

= $16,000,000 ÷ 200,000 hours

= $80 per machine hours

The overhead rate is come by dividing the estimated total overhead rate by the total machine hours

All the other information that is mentioned is not considered. Hence, ignored it

4 0
3 years ago
Did I graph number 1 correct and is the number 2 answer yes?
coldgirl [10]
Yes you did it all correct
7 0
4 years ago
Garza Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and compu
SCORPION-xisa [38]

Answer:

$57,400

Explanation:

The computation of the estimated total manufacturing overhead for the Customizing Department is shown below:

= Total fixed manufacturing overhead cost + Direct labor-hours × Variable manufacturing overhead per direct labor-hour

= $35,000 + 7,000 direct labor hours × $3.20

= $35,000 + $22,400

= $57,400

All other information that is given in the question is ignored.

7 0
4 years ago
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