Inventoriable costs     a. include only the prime costs of manufacturing a product. b. include only the conversion costs of a manufacturing a product. c. are expenses when products become part of finished goods inventory. d. are regarded as assets before the products are sold.

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Chapter4: Job Order Costing
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Problem 7Q: From beginning to end, place these items in the order of the flow of goods. A. cost of goods sold B....
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46.Inventoriable costs
 
 
a. include only the prime costs of manufacturing a product.
b. include only the conversion costs of a manufacturing a product.
c. are expenses when products become part of finished goods inventory.
d. are regarded as assets before the products are sold.
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