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Question
Which of the following costs would be included in the merchandise inventory of the buyer?
| (a) | Purchase price |
| (b) | Insurance in transit FOB shipping point |
| (c) | Freight for delivery FOB shipping point |
| (d) | Repair due to negligence of receiving clerk |
| (e) | Receiving department employee salary |
| (f) | Cost of processing purchase orders |
Answer
This answer is hidden. It contains 14 characters.
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