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Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.
-Refer to Exhibit 15.2. Which of the following activities is not on the critical path for the network?
Raw Materials Inventory
Raw Materials Inventory is the stock of materials that are on hand and available for use in the production process.
Finished Goods Inventory
Products that have completed the manufacturing process and are ready to be sold to customers.
Weighted Average Cost
A method of calculating the cost of goods sold and ending inventory cost by taking into account the cost of goods purchased at varying prices.
Beginning Inventory
The value of a company's inventory at the start of an accounting period, used in calculating cost of goods sold.
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