JC Manufacturing purchased inventory for $5300 and also paid a $260 freight bill. JC Manufacturing...

50.1K

Verified Solution

Question

Accounting

JC Manufacturing purchased inventory for $5300 and also paid a $260 freight bill. JC Manufacturing returned 45% of the goods to the seller and later took a 2% purchase discount. Ignoring GST, what is JC Manufacturing's final cost of the inventory that it kept? (Round your answer to the nearest whole number.)a $2997b $2337 $3117d $2857

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students