Inventoriable costs
A)include administrative and marketing costs.
B)are expensed in the accounting period in which the products are sold.
C)are particularly useful in management accounting.
D)are also referred to as nonmanufacturing costs.
E)are similar to period costs.

Question

Quizplus · Accepted Answer

Inventoriable costs are capitalized as inventory on the balance sheet and expensed as cost of goods sold when the products are sold.

Inventoriable Costs