Is Freight out included in the conventional retail inventory method?

booma_bear Posts: 2, Reputation: 1

New Member

Dec 10, 2010, 11:27 PM

Is Freight out included in the conventional retail inventory method?

Just Looking Posts: 1,610, Reputation: 480

Ultra Member

Dec 11, 2010, 12:30 PM

Freight out (i.e. cost of delivery to the customer) is a selling expense. It does not enter into inventory costing.

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