Match the Costs That Might Be Included as Part of the Cost

question 195

Multiple Choice

Match the costs that might be included as part of the cost of inventory to the listed accounting treatment. (Choices may be used more than once.)
-Prices are rising; profits are higher under this method.

• A)Add to inventory cost
• B)Subtract from inventory cost
• C)Not an inventory cost

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An exact or particular sum of money designated in a contract or agreement that is agreed upon by all parties involved.