Item Record: 152AAIR
Item History: Advantus buys 152AAIR from Diversified CPC, which purchases it from Dupont. Dupont typically determines if there will be a customer rebate and the amount and gives that information to their suppliers. Diversified then passes the rebate on to Advantus.
Rebate Amount: As of 7/12/2022, the rebate is $.30 per pound, which is paid quarterly.
Accounting Process: Accounting will create a journal entry and code the rebate to COGS Computer Cleaning (50220-100).
Product Costing: Since the rebate is not a guarantee, it will not be calculated in any costing decisions, nor will it be seen impacting the average cost of the items it is in.