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Avery Cornett
on Oct 24, 2024

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The flow of manufacturing costs through the system is:

A) raw materials inventory; work in process inventory; finished goods inventory; cost of goods sold.
B) raw materials inventory; work in process inventory; cost of goods sold; finished goods inventory.
C) work in process inventory; raw materials inventory; finished goods inventory; cost of goods sold.
D) raw materials inventory; finished goods inventory; work in process inventory; cost of goods sold.

Manufacturing Costs

Expenses directly tied to the production of goods, including direct materials, direct labor, and manufacturing overhead.

Raw Materials Inventory

Stock of basic materials that are used in the manufacturing process to produce finished goods.

Work In Process Inventory

Work In Process Inventory comprises the materials, labor, and overhead costs for products that are partially completed in the manufacturing process.

  • Grasp the flow of manufacturing costs in the accounting system.
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JT
jenaysha turnerOct 29, 2024
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