Question: Question 5 (8 Marks) A: Goldcoast Ltd makes chairs for outside living spaces. The company has collected the following costs: a. matching invoices received b.

Question 5 (8 Marks) A: Goldcoast Ltd makes chairs for outside

Question 5 (8 Marks) A: Goldcoast Ltd makes chairs for outside living spaces. The company has collected the following costs: a. matching invoices received b. Inventory theft c. Insurance in transit d. Placing of orders e. Rental on warehouse f. receiving and inspecting the items included in the orders 8. Opportunity cost of money tied up in inventory h. Purchase price of inventory Required: Identify which category - (1) purchasing, (2) ordering or (3) carrying the following be classified under. (4 marks) Id

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