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    Business
  3. Study Set
    Cornerstones of Cost Accounting
  4. Exam
    Exam 18: Inventory Management: Economic Order Quantity,jit,and the Theory of Constraints
  5. Question
    Which of the Following Costs Is Included in the Cost
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Which of the Following Costs Is Included in the Cost

Question 3

Question 3

Multiple Choice

Which of the following costs is included in the cost of acquiring inventory?


A) setup costs for goods produced internally
B) cost of insurance on the warehouse for inventory
C) cost of not having a product when a customer wants one
D) cost of obsolescence

Correct Answer:

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