For retail sector companies,inventoriable costs include:
A)incoming freight costs.
B)insurance costs for the goods.
C)the cost of the goods themselves.
D)All of these answers are correct.

Question

Quizplus · Accepted Answer

Inventoriable costs for retail sector companies include all of the options listed - incoming freight costs, insurance costs for the goods, and the cost of the goods themselves. These costs are added to the inventory value and recognized as an expense when the goods are sold.

For Retail Sector Companies,inventoriable Costs Include