Thursday 1 December 2022

From a theoretical viewpoint, which of the following costs would be considered inventoriable? Freight-In Warehousing

 From a theoretical viewpoint, which of the following costs would be considered inventoriable?



 You Answered Correctly!
This answer is correct because all costs incurred to acquire goods or to prepare them for sale are inventoriable. Freight-in is a cost incurred to acquire goods, and warehousing is a cost incurred to store goods awaiting sale. Therefore, both freight-in and warehousing are inventoriable costs.

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