The transport expenses incurred to carry the goods purchased by the firm. Answer in a word / phrase / term.
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The transport expenses incurred to carry the goods purchased by the firm➡️Carriage.
The transport expenses incurred to carry the goods purchased by the firm➡️Carriage.
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The transport expenses incurred to carry the goods purchased by the firm is referred to as freight-in costs or transportation-in costs.
* It is the cost required for transporting goods from the factory to the retailers or customers.
* This cost comes under the cost of the goods and should be added to the inventory in case the goods are not sold.
* The final goods and commodities are transported to the retailers for sale to customers.
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