You are the purchasing agent for THE BRICK. You have acquired a great deal from a US supplier who is going out of business. "WOODEN KITCHEN TABLE SETS" are available at 50% of the regular price. But the goods must be imported before the end of February 2023 You contact the supplier and he informs you that the price of the SETS were $1800 and now are selling for $900.00 US each and you require 20000 sets Number of units: 20,000 Cost per unit: $900.00 USD Exchange rate: $1 USD = $1.46 CAD GST Rate: standard rate Certificate of origin not available (1) Complete the financial calculations VFCC, VFD, CD, VFT, GST and TDTP for this shipment. All calculation must be shown
You are the purchasing agent for THE BRICK. You have acquired a great deal from a US supplier who is going out of business. "WOODEN KITCHEN TABLE SETS" are available at 50% of the regular price. But the goods must be imported before the end of February 2023 You contact the supplier and he informs you that the price of the SETS were $1800 and now are selling for $900.00 US each and you require 20000 sets Number of units: 20,000 Cost per unit: $900.00 USD Exchange rate: $1 USD = $1.46 CAD GST Rate: standard rate Certificate of origin not available (1) Complete the financial calculations VFCC, VFD, CD, VFT, GST and TDTP for this shipment. All calculation must be shown
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
ChapterC: Inventory Methods
Section: Chapter Questions
Problem 2P: Use the information presented in Problem C-1 to solve this problem.
Bean Nursery sells bark to its...
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You are the purchasing agent for THE BRICK. You have acquired a great deal from a US
supplier who is going out of business. "WOODEN KITCHEN TABLE SETS" are available at 50%
of the regular price. But the goods must be imported before the end of February 2023
You contact the supplier and he informs you that the price of the SETS were $1800 and now are
selling for $900.00 US each and you require 20000 sets
Number of units: 20,000
Cost per unit: $900.00 USD
Exchange rate: $1 USD = $1.46 CAD
GST Rate: standard rate
Certificate of origin not available
(1) Complete the financial calculations VFCC, VFD, CD, VFT, GST and TDTP for this shipment. All calculation must be shown
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