Which of the following items would affect the cost of merchandise inventory acquired during the period?

Question

Quizplus · Accepted Answer

All of these costs would affect the cost of merchandise inventory acquired during the period. Quantity discounts would affect the cost because the more inventory purchased, the lower the cost per unit. Cash discounts would affect the cost because the discount decreases the cost of the inventory. Freight-in would affect the cost because it is a cost incurred to transport the inventory to the company's location.

Which of the Following Items Would Affect the Cost of Merchandise