Suppose That Finished Units Are Now in the Last (Final)department

question 56

Multiple Choice

Suppose that finished units are now in the last (final) department.To which account will the cost of the finished units flow from the work-in-process account?

• A)sales
• B)finished goods
• C)inventory
• D)cost of goods sold

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Definitions:

Prospective Employer

An individual or organization considering hiring a particular job seeker or candidate for employment.

Knowledge

Information, understanding, or skill obtained by experience or education; the theoretical or practical understanding of a subject.

Management Function

The activities and responsibilities carried out by managers, including planning, organizing, leading, and controlling, to achieve organizational goals.

Volleyball Coach

A person responsible for training and guiding volleyball players, devising strategies and improving team performance.