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When asked to explain why Josie is her best friend, Samantha answers, "Because she makes me laugh and is nice to me." These girls are MOST likely _____ children, and Samantha is describing their friendship in terms of _____ qualities.
Work In Process Inventories
Inventories that represent goods that are partially completed in a manufacturing process.
Conversion Costs
Costs related to transforming raw materials into finished goods, typically including direct labor and manufacturing overhead.
Physical Units
A measure of production output or inventory, quantified in terms of tangible goods or items.
Direct Materials
Raw materials that are directly traceable to a finished product and are necessary for its production.
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