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jerico jerico
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9 years ago
Inventoriable costs are costs of a product that are ________.
A) costs of a product that are considered assets in a company's balance sheet when the costs are incurred and that are expensed as cost of goods sold only when the product is sold
B) considered liabilities in a company's balance sheet when the costs are incurred and that are expensed only when the product is sold
C) considered as assets in a company's income statement when the costs are capitalized and that are expensed as cost of goods sold only when the product is sold
D) considered as liabilities in a company's income statement when the costs are capitalized and that are expensed only when the product is sold
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
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cyborgcyborg
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9 years ago
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jerico Author
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#2
9 years ago
This solved my problem perfectly, thank you for your kind input.
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#3
9 years ago
Cool! No problem.
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