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How Is the Unit Cost of an Inventory Item Calculated

Question 88

Multiple Choice

How is the unit cost of an inventory item calculated?


A) amount paid to vendor + shipping + sales tax, multiplied by the quantity ordered
B) amount paid to vendor - sales tax, divided by the quantity ordered
C) amount paid to vendor + sales tax + shipping, divided by the quantity ordered
D) amount paid to vendor + shipping - sales tax, multiplied by the quantity ordered

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