Cost Flow Sequence Which one of the following sequences is the correct sequence for the flow of costs through a production process?

a. Raw materials inventory, work-in-process inventory, cost of goods sold, finished goods inventory

b. Raw materials inventory, cost of goods sold, work-in-process inventory, finished goods inventory

c. Raw materials inventory, work-in-process inventory, finished goods inventory, cost of goods sold

d. Cost of goods sold, raw materials inventory, work-in-process inventory, finished goods inventory

e. Raw materials inventory, finished goods inventory, cost of goods sold, work-in-process inventory