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The proper actions and capabilities is:
Work In Process
Stock comprising products that are currently being manufactured but are not yet finished.
FIFO Method
A method of inventory valuation where the first items produced or purchased are the first ones to be expended or sold.
Equivalent Units
Units of production expressed in terms of fully completed units; a concept used in manufacturing to measure output in a period that factors in incomplete units.
Material
The substance or substances from which something is made or can be made, often used in reference to supplies used in manufacturing.
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