Examlex
The principle of the citrate test includes all the following, except:
Finished Goods Inventory
Items that are fully manufactured, prepared for sale, and available for customers to buy.
Work in Process Inventory
Items or materials that are partially completed in the production process, representing a company's unfinished goods.
Direct Materials
Raw materials that can be directly identified with the production of finished goods in a manufacturing process.
Direct Labor
Direct labor refers to the wages paid to workers directly involved in the production of goods or the delivery of services.
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