Answer:
$22,500
Explanation:
Given that,
During the year, Cost of shipping inventory to the Ski Outfit = $92,500
By the end of the year, amount of merchandise sold to customers = $70,000
Mogul will repeat inventory at the year end:
= Cost of inventory sent to consignee - Cost of inventory sold by consignee
= $92,500 - $70,000
= $22,500
Therefore, the amount of inventory will Mogul report at year end is $22,500.
Because a line credit is when the government give u credit and a loan is when the government give u a loan.
Answer: Warehouse management
Explanation:
Since the company ABC contracted a third-party logistics company XYZ, some of the functions that can be provided by the third-party logistics company (XYZ) to ABC include:
• inventory control
• customer service function (e.g., storing spare parts)
• transportation of goods
• production of components
It should be noted that performing warehouse management is very unlikely. This simply means the oversight with regards to the operations in the warehouse such as receiving inventory, tracking inventory, managing shipping etc. This should be provided by ABC and not XYZ.
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