1C5C A COMPANY DESIRES TO PREPARE TWO SETS OF FINANCIAL STATEMENTS....

231. CSO: 1C5a LOS: 1C5c

A company desires to prepare two sets of financial statements. Conventional financial

statements would be prepared along with a set that is totally consistent with value-chain

analysis. How would customer service costs be treated in the two statements?

Conventional Financial Statements Value-Chain Financial Statements

a. Inventoriable cost Product cost.

b. Inventoriable cost Non-product cost.

c. Noninventoriable cost Product cost.

d. Noninventoriable cost Non-product cost.