Which of the following is GENERALLY the major cost of inventory?
A)Salary expense
B)Advertising
C)Buildings
D)Cost of sales

Question

Quizplus · Accepted Answer

Cost of sales is generally the major cost of inventory, as it includes the direct costs of producing or acquiring the goods sold, such as materials and labor. Salary expense, advertising, and buildings may also be necessary costs of a company, but they are not directly related to inventory.

Which of the Following Is GENERALLY the Major Cost of Inventory