Pink Ribbon Shoppe, a clothing retailer, had the following total costs as grouped by value chain element: What were the company's inventoriable costs?

Question

Pink Ribbon Shoppe, a clothing retailer, had the following total costs as grouped by value chain element:  What were the company's inventoriable costs?

Quizplus · Accepted Answer

Inventoriable costs are costs that can be directly traced to the production of goods or inventory. In this case, the value chain element that directly relates to inventory is "Production and Manufacturing." The total cost for this element is $72,000. Therefore, the inventoriable costs for Pink Ribbon Shoppe are $72,000.

Pink Ribbon Shoppe, a Clothing Retailer, Had the Following Total