For merchandising companies, inventoriable costs include all of the following EXCEPT:
A)the cost of the goods themselves
B)incoming freight costs
C)insurance costs for the goods
D)outgoing freight costs

Question

Quizplus · Accepted Answer

Outgoing freight costs are not considered inventoriable costs as they are not directly related to the cost of the goods being sold. The other options listed (A, B, and C) are all examples of inventoriable costs.

For Merchandising Companies, Inventoriable Costs Include All of the Following