Which group of activities below is ranked from the LOWEST cost of inventory to HIGHEST cost of inventory?
A)hair salon - dry cleaner - insurance company
B)auto repair centre - hotel- hospital
C)hotel - airline - amusement park
D)auto repair centre - dry cleaner - insurance company

Question

Quizplus · Accepted Answer

Auto repair centers typically have lower inventory costs as they stock parts and tools. Hotels have higher costs due to maintaining room supplies and amenities. Hospitals have the highest costs due to expensive medical equipment and pharmaceuticals.

Which Group of Activities Below Is Ranked from the LOWEST