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  3. Study Set
    Fundamental Accounting Principles Study Set 6
  4. Exam
    Exam 6: Inventories and Cost of Sales
  5. Question
    The Cost of an Inventory Item Includes the _____________,Plus ______________
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The Cost of an Inventory Item Includes the _____________,Plus ______________

Question 70

Question 70

Essay

The cost of an inventory item includes the _____________,plus ______________ costs necessary to put it in a place and condition for sale.
answers must appear in this order

Correct Answer:

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invoice price minus ...

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