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What are inventoriable costs?

A. Include only the prime costs of manufacturing

a product.

B. Include only the conversion costs of

manufacturing a product.

C. Are expensed when products become part of

finished goods inventory.

D. Are regarded as assets before the products

are sold.

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Question ajoutée par Moataz Elsabawy , مدير مالى , مجموعه شركات الانصار
Date de publication: 2016/10/12
Ahmed mohsen
par Ahmed mohsen , Senior Accountant , Main Poly Clinic

(  C  )  is the correct answer.

the inventoriable cost is the cost from the supplier plus all costs necessary to get the item into inventory and ready for sale

Jacob Joseph
par Jacob Joseph , Chief Accountant , Abraj Construction

Are expensed when products become part of

finished goods inventory.

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