A manufacturer must capitalize the following costs relative to inventories: I.
Maintenance cost for the factory building.
II)
Health insurance for production workers.
III)
Storage cost for finished goods.
A)Only I.
B)Only I and II.
C)Only II and III.
D)I, II, and III.
E)None of the above.

Question

Quizplus · Accepted Answer

Maintenance cost for the factory building, health insurance for production workers, and storage cost for finished goods are all costs that must be capitalized relative to inventories.

A Manufacturer Must Capitalize the Following Costs Relative to Inventories