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For each of the following, identify in Column 1 the category to which the account belongs, in Column 2 the normal balance for the account, in Column 3 the financial statement on which the account balance is reported, and in Column 4 the nature of the account (permanent/temporary).
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Direct Materials
Raw materials that are directly involved in the manufacturing of a product and can be directly associated with the product.
Process Cost Summary
A document that aggregates and summarizes the total costs associated with a specific stage of production in process costing.
Materials Costs
The expenses associated with the raw materials used in the manufacturing of products or goods.
Canning Department
A section within a manufacturing process focused on the preservation of food by sealing it in airtight containers.
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