Which of the following costs would be included in merchandise inventory?
(a) | Purchase price |
(b) | Insurance in transit FOB shipping point |
(c) | Freight for delivery FOB shipping point |
(d) | Repair due to negligence of receiving clerk |
(e) | Receiving Department employee salary |
(f) | Cost of processing purchase orders |
Darshita Changed status to publish February 17, 2020