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If a weighted air-filled balloon sinks in deep water,it will
Finished Goods Inventory
The total value of all the finished products that are ready for sale but have not yet been sold by the company.
Work in Process Inventory
Items in production that are not yet completed, representing a stage between raw materials and finished goods in manufacturing.
Manufacturing Costs
Expenses directly associated with the production of goods, including raw materials, labor, and factory overhead.
Direct Materials
Raw materials that can be directly traced to the manufacturing of a product in terms of quantity and cost.
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