Which of the costs below would be included in the recorded cost of merchandise inventory? (Check all that apply.) Storage costs Invoice cost Wages costs Insurance costs Selling costs

Storage costs; Invoice costs; Insurance costs.

Explanation:

The costs that would be included in the recorded cost of merchandise inventory are the storage costs, the invoice cost and the insurance costs.

It should be noted that merchandise inventory has to do with the goods that have been gotten from suppliers by a distributor in order to sell them to third parties.

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