Inventoriable costs are also known as:
A)variable costs.
B)conversion costs.
C)product costs.
D)fixed costs.

Question

Quizplus · Accepted Answer

Inventoriable costs are costs that are associated with producing a product and can be capitalized as part of inventory until the product is sold. These costs are also known as product costs as they are directly related to the production of the product. Variable costs, conversion costs, and fixed costs are all types of costs but do not specifically refer to inventoriable costs.

Inventoriable Costs Are Also Known As