13) Goods that have been started in the manufacturing process but are not yet complete are inc the A) Finished Goods Inventory account B) Work-in-Process Inventory account C) Raw Materials Inventory account D) Cost of Goods Sold account 14) Which of the following is true of Finished Goods Inventory? A) Finished Goods Inventory is an account used by a manufacturer and includes completed g have not yet been sold. B) Finished Goods Inventory is an account used by a merchandiser and includes completed g have not yet been sold. C) Finished Goods Inventory is an account used by service companies in lieu of raw material D) Finished Goods Inventory is an account used by a manufacturer in lieu of raw materialsi 15) Which of the following will most likely be considered an indirect material cost for a bake A) spices B) flour C) milk D) eggs 16) Anything for which managers want a separate measurement of cost is called a A) responsibility center B) cost object C) profit object D) conversion cost 17) Which of the following represents the combined sum of direct materials and direct labe A) conversion costs B) period costs C) prime costs D) fixed costs 18) Which of the following will be classified as a conversion cost? A) cost of direct materials used B) depreciation on factory equipment C) salary of sales personnel D) depreciation on office furniture 19 The cost of goods sold for Frve Manufacturing in the voar a o