The Inventory Accounts That Show the Cost of Completed Goods

question 188

Multiple Choice

The inventory accounts that show the cost of completed goods on hand and the costs applicable to production that is only partially completed are respectively

• A) Work in Process Inventory and Raw Materials Inventory.
• B) Finished Goods Inventory and Raw Materials Inventory.
• C) Finished Goods Inventory and Work in Process Inventory.
• D) Raw Materials Inventory and Work in Process Inventory.