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bernie2981 bernie2981
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Posts: 3810
8 years ago
On the line in front of each statement, enter the letter corresponding to the term that best fits that statement. You may use a letter more than once and some letters may not be used at all.

A.   Raw materials inventory   E.   Work in process inventory
B.   Service companies   F.   Manufacturing companies
C.   Merchandise inventory   G.   Merchandising companies
D.   Finished goods inventory      

________   has a single category of inventory
________   resells products previously purchased ready-made from a supplier
________   inventory is not sold for a profit
________   produces its own inventory
________   transforms raw materials into a new finished product
________   completed goods that have not been sold
________   partially completed items of manufacturers
________   steel, glass, tires, upholstery, and fabric that Toyota uses to manufacture products
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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8 years ago
Wow! Thank you
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