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Question 7 (1 point) Costs that are not capitalized into the cost of inventory: a) Are depreciated along with the other assets Ob) Are posted

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Question 7 (1 point) Costs that are not capitalized into the cost of inventory: a) Are depreciated along with the other assets Ob) Are posted into a contra inventory account c) Are immediately recognized on the income statement d) Are posted to an accrual account so that the expense can be matched to the period in which the inventory is sold e) None of the above

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