Accounting · Inventory Valuation
Which of the following costs is NOT included while calculating the valuation/cost of inventory?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Freight and carriage inward
- 2Selling and marketing costs✓
- 3Taxes and import duties on raw material purchases
- 4Trade discounts and rebates
Correct answer
Selling and marketing costs
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