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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 5: The Purchase and Sale of Inventory
  5. Question
    Which of the Following Costs Are Included in the Inventory
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Which of the Following Costs Are Included in the Inventory

Question 73

Question 73

Multiple Choice

Which of the following costs are included in the inventory account when inventory is purchased FOB shipping point?


A) purchase returns
B) warranty costs
C) freight costs
D) allowance for uncollectible accounts

Correct Answer:

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