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 seller to ship goods to its customers

Question

Quizplus · Accepted Answer

Freight costs incurred by the seller to ship goods to its customers are considered selling expenses and are not included in the cost of inventory. These costs are typically expensed as incurred and do not increase the value of inventory on the balance sheet.

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