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Veterinary Practice Manager

Category - CVPM

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Besides unit cost, what are two other broad categories of inventory expense are computed in order to determine the actual cost of an inventory item?

Unit cost and holding cost
Ordering cost and holding cost
Unit cost and ordering cost
Ordering cost, holding cost, and sales tax

Explanation

Answer: B- Besides unit cost, ordering cost and holding cost are two other broad categories of inventory expense are computed in order to determine the actual cost of an inventory item.

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