which of the following items will increase inventoriable costs for the buyer of goods? course hero

by Joseph Kiehn 5 min read

Answer

There are various factors which can increase or decrease the inventoriable chargers. The most important factor is the transportation charges or the freight charges which are generally paid by the purchaser. For example, if a person buys a product from eBay he will pay the delivery charges which will increase the overall cost of goods.

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Which company has legal title to the goods while the goods are in transit?

c. the transportation company has legal title to the goods while the good s are in transit

How to determine unit costs?

d. unit costs are determined by dividing the quantities on the summary sheets by the total inventory costs.

What does "d" mean in inventory?

d. included as part of no one's ending inventory

What is the item counted compared to?

b. the items counted are compared to the inventory account balance

Is inventory count accurate?

An inventory count is generally more accurate when goods are not being sold or received during the counting. d. Companies that use a perpetual inventory system must take a physical inventory to determine inventory on hand on the balance sheet date and to determine cost of goods sold for the accounting period. D.