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Which of the following statements is false about ending inventory cost? A. Ending inventory costs exclude selling costs, such as freight-out and sales commissions B.

Which of the following statements is false about ending inventory cost?

A. Ending inventory costs exclude selling costs, such as freight-out and sales commissions

B. Inventory should include all costs that are "ordinary and necessary."

C. Ending inventory costs exclude invoice price, freight-in, and similar items.

D. Ending inventory costs exclude "carrying costs," such as interest, storage, and insurance costs.

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