Cost of goods available for sale includes all of the following except the

Name: Cost of goods available for sale includes all of the following except the
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cost of goods available for sale includes costs of beginning inventory, cost of goods purchased, and freight costs incurred when buying inventory. However, it does not include the cost of shipping goods to customers as this cost is incurred after goods have been sold and is included in the cost of goods sold.

Cost of Goods Available for Sale Includes All of the Following