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Accounting
Medium
// ID #1091

An inventory which consists of stock waiting to be used In the process of manufacturing is known as ___________?

A finished goods inventory
B indirect material inventory
C direct materials inventory ✓
D work in process inventory
← Previous Question The companies in the industry that purchase the finished goods, and further sell the products into the market are classified as ______________? Next Question → The cost computed by dividing total manufacturing cost and total manufactured units is known as ____________?
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