Which of the following does NOT contribute to total inventory cost?
A) Costs of damage to products while in inventory.
B) Costs of risks such as theft and fire.
C) Costs of inventory becoming obsolete.
D) Increase in the value of goods.
E) Handling costs.

Question

Quizplus · Accepted Answer

Increase in the value of goods would actually reduce total inventory cost as it would help in generating more revenue from the sale of inventory.

Which of the Following Does NOT Contribute to Total Inventory