Match the Inventory-Related Accounts to Costs That May Be Included

question 20

Multiple Choice

Match the inventory-related accounts to costs that may be included in inventories for retailers and manufacturers.
-Costs of direct materials, overhead, and direct labor used in goods that have been sold.

• A)Merchandise Inventory
• B)Raw Materials
• C)Work in Process
• D)Finished Goods
• E)Cost of Goods Sold

---

Definitions:

Visual Basic Window

An application window in the Visual Basic development environment where code is written, tested, and debugged.

Report Design View

A mode in database and report generation software that allows users to create and modify the layout and structure of reports before printing or sharing.

Macro Design View

A feature in database and spreadsheet software that allows users to create and modify macros in a more visual and structured layout.

Visual Basic Editor

An integrated development environment (IDE) from Microsoft used for editing Visual Basic code and developing macros for Excel and other Office applications.