Merchandising Company vs. Manufacturing Company Video Lessons

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Problem: Which of the following describes the flow of product costs through the inventory accounts of a manufacturer? a. raw materials, work in process, finished goods b. raw materials, overhead, finished goods c. raw materials, direct labor, overhead, finished goods d. purchases, finished goods

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Problem Details

Which of the following describes the flow of product costs through the inventory accounts of a manufacturer?

a. raw materials, work in process, finished goods

b. raw materials, overhead, finished goods

c. raw materials, direct labor, overhead, finished goods

d. purchases, finished goods

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