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    Principles of Accounting
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    Exam 19: Cost Concepts and Cost Allocation
  5. Question
    Which of the Following Is Not Included in the Purchase
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Which of the Following Is Not Included in the Purchase

Question 39

Question 39

Multiple Choice

Which of the following is not included in the purchase cost of merchandise inventory?


A) Purchase discounts
B) Overhead costs
C) Freight-in costs
D) Purchase returns and allowances

Correct Answer:

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