Which of the following cost belong to the inventory cost?
A: transportation in
B: insurance
C: invoice cost
D: storage
A: transportation in
B: insurance
C: invoice cost
D: storage
举一反三
- ___________ is the average number of times the inventory is sold per year. A: a. Inventory storage B: b. Cost of goods sold C: c. Cost of goods available for sale D: d. Inventory turnover
- Which of the following transportation methods has the lowest cost in long-distance transportation? A: Railway transportation B: Maritime transportation C: Air transportation D: Road transportation
- What is the base of selling price A: the cost of production B: a percentage of total cost C: the cost of transportation D: the cost of storage.
- Whenever direct material, direct labor, and manufacturing overhead are recorded on a job cost record, an associated journal entry is made to debit which of the following accounts? （ ） A: Sales Revenue B: Finished Goods Inventory C: Cost of Goods Sold D: Work in Process Inventory
- Merchandise inventory:（ ）。 A: neither is the cost of inventory that has been sold or is an expense on the income statement B: both is the cost of inventory that has been sold and is an expense on the income statement C: is an expense on the income statement D: is the cost of inventory that has been sold