Freight charges associated with the purchase of inventory normally are not included in inventory cost.

Name: Freight charges associated with the purchase of inventory normally are not included in inventory cost.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Freight charges associated with the purchase of inventory are usually included in the inventory cost. This is because they are directly related to the cost of acquiring the inventory and getting it to the place of business.

Freight Charges Associated with the Purchase of Inventory Normally Are