BUISENESS MANAGEMENT
INVENTORY CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The Bead Boutique offers hand crafted jewelry for sale. In the weeks prior to Mother’s Day, the owner purchased beads, strings, and clasps, from a company in Maine, to make her inventory. If the company in Maine pays for the shipping charges, how will the shipment be classified?
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FOB department store
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FOB destination
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FOB shipping point
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FOB transit
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Explanation:
Detailed explanation-1: -In the weeks prior to Mother’s Day, the owner made numerous amounts of jewelry for display in her store. Although many customers came into the store and purchased items, the owner still has several boxes of handcrafted jewelry in her stockroom. What is possible cause for this? Too much inventory in the store.
There is 1 question to complete.