Business Studies, asked by ahemed4527, 1 year ago

Explain various costs associated with inventory.

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Answered by Vaibhavverma73
0

Hey mate!

I am here with your answer!

The cost of inventory includes all costs associated with holding or storing inventory for sale. These costs include the opportunity cost of the money used to purchase the inventory, the space in which the inventory is stored, the cost of transportation or handling, and the cost of deterioration and obsolescence.

Hope this will help you!

Answered by pinkichodhry1909
0

Answer:

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