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Which of the following is used by both internal and external users?
Cost of Goods Sold
This accounts for the direct costs attributable to the production of the goods sold in a company, including material and labor costs.
Merchandise Inventory Account
An account on a company's balance sheet that represents the products that a retail or wholesale company plans to sell.
Units of Inventory Purchased
The total quantity of items bought for resale or use in production during a specific period.
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