Inventoriable costs are costs of a product that are considered a. assets in a company's balance sheet when the costs are incurred and that are expensed as cost of goods sold only when the product is sold b.assets in a company's income statement when the costs are capitalized and that are expensed as cost of goods sold only when the product is sold clabilities in a company's income statement when the costs are capitalized and that are expensed only when the product is sold d. llabilities in a company's balance sheet when the costs are incurred and that are expensed only when the product is sold