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Classification. The following are important terms relating to acids and bases. Answer the questions below by matching the descriptions with the most appropriate word.
-Toothpaste
Work in Process
Inventory consisting of all materials, labor, and overhead expenses associated with products that are currently being manufactured but are not yet finished.
Cost of Goods Manufactured
The total production cost of goods completed during a specific period.
Work in Process Inventory
The value of unfinished goods in the manufacturing process, including materials, labor, and overhead costs accrued.
Indirect Materials
Indirect materials are supplies used in the production process that do not become an integral part of the finished product and are not directly traceable to specific goods or services produced.
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