Homework Clinic
Social Science Clinic => Business => Finance => Topic started by: crobinson2013 on Jul 9, 2019
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Evertz Metals buys and stockpiles dolomite to use in its smelting processes. Before all this dolomite is used, however, they alter their smelting process so that calcite limestone is used instead. How is the inventory cost of the unused dolomite best categorized?
◦ a holding cost
◦ an acquisition cost
◦ an order cost
◦ a carrying cost
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a carrying cost