A merchandiser comments. I perform services that add to the value of the products that I sell.

Question:

A merchandiser comments. "I perform services that add to the value of the products that I sell. My marketing staff facilitates economic efficiency by purchasing the right product, informing the consuming public of its availability, and distributing it in an efficient manner. Why shouldn't I be allowed to include my marketing and administrative costs as part of the book value of my inventory?" Reply to this comment

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Cost Accounting

ISBN: 9780256069198

3rd Edition

Authors: Edward B. Deakin, Michael Maher

Question Posted: