Carla Vista Ltd. uses FIFO to cost its inventory. The following information is available for Carla Vista's inventory of product * 205 : Assuming Carla Vistauses the perpetual imventory system, the entry to account for the March 1 purchase is debit Accounts Payable and credit Purchases, $3430. debit Accounts Payable and credit imentory, $3430. debit Inventory and credit Acceunts Rayable, \$3430. debit Purchases and credit Accounts Payable, $3430 Which of the following best describes the concept of product costs? They are costs that are "attached" to inventory. They are costs that are usually expenses. They usually don't include conversion costs. They usually don't include freight charges