Costs of Merchandise Inventory V All expenditures necessary to bring an item to a saleable condition and location d This includes Invoice price less discounts Import duties → Transportation-in Storage -Insurance Task Team of FUndaMientalactoUntING Business Sehool. Sun Yatsen niversity8 Costs of Merchandise Inventory ⧫All expenditures necessary to bring an item to a saleable condition and location.  This includes: →Invoice price less discounts →Import duties →Transportation-in →Storage →Insurance