Which of the following should not be included in the cost of inventory? a. freight cost incurred

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Which of the following should not be included in the cost of inventory?

a. freight cost incurred to buy inventory

b. cost of insurance taken out during the time inventory is in transit

c. cost to store inventory before it is ready to be sold

d. freight cost incurred to ship inventory to a customer

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Financial Accounting The Impact On Decision Makers

ISBN: 9780324655230

6th Edition

Authors: Gary A. Porter, Curtis L. Norton

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Question Posted: Jun 06, 2024 01:05 AM

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Which of the following should not be included in the cost of inventory? a. freight cost incurred

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Financial Accounting The Impact On Decision Makers

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