Match the costs that might be included as part of the cost of inventory to the listed accounting treatment. (Choices may be used more than once.)
-freight costs incurred by the buyer to ship goods to its place of business

Question

Quizplus · Accepted Answer

Freight costs incurred by the buyer to ship goods to their place of business are considered necessary to bring the inventory to its current location and condition, so they are added to the cost of inventory.

Match the Costs That Might Be Included as Part of the Cost