Match the costs that might be included as part of the cost of inventory to the listed accounting treatment.
-Cost of storing the goods before they are sold to customers
A)Add to inventory cost
B)Subtract from inventory cost
C)Not an inventory cost

Question

Quizplus · Accepted Answer

Costs of storing goods before they are sold are considered part of the cost of inventory, as they are necessary to bring the inventory to its present location and condition.

Match the Costs That Might Be Included as Part of the Cost