Examlex
What figures are necessary to calculate "cost-per-thousand"?
FOB Destination
A shipping term indicating the seller is responsible for the goods until they reach the buyer's specified location.
FOB Shipping Point
A term used in shipping contracts to indicate that the buyer is responsible for the cost and risk of shipping as soon as the goods leave the seller's premise.
Perpetual Inventory System
An inventory accounting system where updates are made continuously as transactions occur, providing a real-time inventory balance.
Selling and Administrative Expenses
Costs related to selling products and managing the business, excluding production costs.
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