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Case 2 A group of nurses from Alberta are doing research on the effects of the 2010 tsunami in Indonesia.
(Refer to Case 2 above. ) What agency is likely to fund the nurses' tsunami research?
Work In Process
Inventory that is currently being manufactured but is not yet complete.
Direct Materials
Direct materials refer to the raw materials that are directly incorporated into a finished product and are integral to its production, easily traceable to the goods being produced.
Raw Materials Purchased
The complete expense of raw materials purchased by a company for production purposes over a given period.
Raw Materials Inventories
Stocks of unprocessed materials that are used in the manufacturing process to produce finished goods.
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