Which of the following is considered an ordering cost?
A)insurance on the inventory
B)the opportunity cost of funds invested in inventory
C)storage costs
D)unloading costs

Question

Quizplus · Accepted Answer

Ordering costs are the expenses incurred to create and process an order to a supplier. These costs can include the costs associated with the clerical work of preparing the purchase order, the cost of the inspection upon arrival, and the cost of physically receiving the items into inventory, which includes unloading costs.

Which of the Following Is Considered an Ordering Cost