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Which one of the following is not included in the cost of inventory? Select one: a. Insurance for goods shipped in transit to warehouse, f.o.b.

Which one of the following is not included in the cost of inventory? Select one: a. Insurance for goods shipped in transit to warehouse, f.o.b. Shipping point b. Packaging of merchandise c. Shipping costs for goods sold to customers, f.o.b. Shipping point d. Selling price

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