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 the costs that are directly related to the production of goods or services. From the given information, the only value chain element that is related to the production of goods is the production element, which has a total cost of $72,000. Therefore, the company's inventoriable costs are $72,000.

Pink Ribbon Shoppe,a Clothing Retailer,had the Following Total Costs as Grouped