The following are details of an invoice from a foreign
supplier of goods:
20 pieces of item X @ $ 20 per piece $ 400
20 pieces of item Y @ $ 5 per piece 100
Shippingcharges 40
Discount -80
Total $ 460
Total cost of above shipment of goods is Dh 2,300 which is
made up of Dh. 2,070
representing cost of transferring the above invoice amount
of $460 and the balance of Dh 230 represents other direct
costs
You are required to calculate the landed cost in Dirhams
for ONE PIECE of item X.
Answer / h.r. sreepada bhagi
One way is to load the charges on the basis of value. In
that case Apportion Dh 230/- in the ratio of 400 : 100
between products 'X & Y'. It will be Dh.184/- for 'X' &
Dh.46/- for 'Y'. landed cost will be Dh.92/- for 'X' &
Dh.23/- for 'Y'. - Total landed cost will be : 20 units of
'X' is Dh.1840/- & 20 units of 'Y' is Dh.460/-
In case the weight of the products are the same, then
freight can be apportioned on the basis of weight.
| Is This Answer Correct ? | 1 Yes | 0 No |
How many types of routing?
What is Merchandising Accounting process
Expand---------CAIR
What Is Depreciation, and from which date do we charge Depreciation for an asset ?
what is the difference between accounts manager and finance manager?
Can i make invoice when my client apply for TIN Number ?
What part can management policy play in the analysis of cost behaviour?
i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me
how to a/c in all bank passbook entry in tally erp 9 and all bank passbook short form informetion
what is tds rate of WCT applay for sale tax ragistard company.
How do we determine Market Value of shares?
i given 20000 amount to some one in a company but the travelling expendeture only 8000 the person who had taken the 20000 given all his expendeture for 8000 how to make an entry in the books of tally. please advice