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Which of the following would not be included in inventory costs? a. The cost of insurance taken out during the time that inventory is in
Which of the following would not be included in inventory costs? a. The cost of insurance taken out during the time that inventory is in transit. b. Freight costs incurred by the buyer in shipping inventory to its place of business. c. Shelving to hold the inventory. d. The cost of sales tax paid when purchasing the inventory.
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