contestada

The cost of an inventory item includes its invoice cost plus any added or incidental costs necessary to put it in a place and condition for sale, and minus any discount. True or false?

Respuesta :

Answer:

statement is true

Explanation:

the given statement is true because  

as we know the costs of an inventory item is includes the  

invoice price - discount ( if any discount is given ) +   any added or incidental cost  

but we have given invoice cost + any added or incidental costs - any discount  

so we can say the given statement is true

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