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

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0

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
0

Answer:

(a) Purchase price
(b) Insurance in transit FOB shipping point
(c) Freight for delivery FOB shipping point
Darshita Changed status to publish February 17, 2020

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