Match the costs that might be included as part of the cost of inventory to the listed accounting treatment.
-Freight costs incurred by the seller to ship goods to its customers
A)Add to inventory cost
B)Subtract from inventory cost
C)Not an inventory cost

Question

Quizplus · Accepted Answer

Freight costs incurred by the seller to ship goods to its customers are considered a selling expense and are not included in the cost of inventory.

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