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  3. which of the following costs would be included in

Which of the following costs would be included in merchandise inventory 1 purchase price 2....

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Question

Accounting

Which of the following costs would be included in merchandise inventory

1 purchase price

2. Insurance in transit FOB shipping point

3. Freight for delivery FOB shipping point

4. Repair due to negligence of recieving clerk

5. Recieving department employee salary

6. Cost of processing purchase orders

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