Listed below are the various inventory cost formulas, followed by a series of descriptive statements. Match the inventory cost formulas to the descriptive statements by placing the appropriate letter in the space provided. 
Definitions:
Dispatching Rule
A guideline or policy used to prioritize and assign tasks or jobs in operational settings.
Flow Time
The total amount of time it takes for a unit or product to go through a production process, from start to completion.
Work-In-Process
A stage in manufacturing where materials are undergoing active processing into finished goods.
Lateness
The state of being delayed or behind the expected or scheduled time.
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