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

question 59

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 declining; ending inventory with this method falls between the amounts for the other two methods.

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

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