Which of the following items will increase inventoriable costs for the buyer of goods?

Question

Quizplus · Accepted Answer

Freight charges paid by the purchaser will increase the cost of goods purchased and therefore the inventoriable costs for the buyer. The other choices, such as purchase returns and allowances granted by the seller and purchase discounts taken by the purchaser, will decrease the cost of goods purchased and therefore the inventoriable costs for the buyer. Freight charges paid by the seller do not affect the cost of goods purchased and therefore do not impact the inventoriable costs for the buyer.

Which of the Following Items Will Increase Inventoriable Costs for the Buyer