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Which of the following statements is INCORRECT regarding prokaryotic cells?
Work in Process Inventory
Inventory that includes all the materials, labor, and overhead costs for products that are in the process of being manufactured but are not yet complete.
Direct Labor Costs
The cost of wages paid to workers directly involved in the production of goods or services.
Raw Materials
Basic materials that are used in the production process, which will be transformed into finished goods through manufacturing.
Work in Process Inventory
Goods that are in the production process but have not yet been completed.
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