Freight-in is treated as an addition in the cost of goods sold section of the income statement.

Name: Freight-in is treated as an addition in the cost of goods sold section of the income statement.
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Quizplus · Accepted Answer

Freight-in costs are considered part of the cost of purchasing inventory, and therefore, they are included in the cost of goods sold (COGS) on the income statement, as they directly relate to the cost of acquiring or producing the goods sold.

Freight-In Is Treated as an Addition in the Cost of Goods