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Merchandising Company vs. Manufacturing Company
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Merchandising Company vs. Manufacturing Company
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5. Inventory / Merchandising Company vs. Manufacturing Company / Problem 1
Problem 1
What happens to raw materials when they are used in production?
A
They are transferred to Work in Process Inventory.
B
They are expensed immediately.
C
They are transferred to Finished Goods Inventory.
D
They remain in Raw Materials Inventory.
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