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Sometimes referred to as cost of inventory on hand, the inventoriable cost will include not only the cost of purchasing the items that are found in the inventory, but also all expenses that are related to using those items in the creation of products that are ultimately offered for sale.
Which of the following costs is not an inventoriable cost? A. Cost to ship products to a customer B. Cost of factory machinery used in production C. Cost to design the product D. Plant supervisor's salary 120. Which of the following is a product cost? A. General expenses B. Selling expenses C. Advertising expenses D. Material handling expenses 121.