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1-3 Romeo corporation has accumulated the following accounting data for the year. The cost of goods manufactured for the year is: $21, 400. $11, 000.

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Romeo corporation has accumulated the following accounting data for the year. The cost of goods manufactured for the year is: $21, 400. $11, 000. $15, 000. $17, 400. $10, 200. Products that have been completed and are ready to be sold by the manufacturer are called: Finished goods inventory. Work in Process inventory. Raw materials inventory. Cost of goods sold. Factory supplies. A management concept that seeks to uncover and eliminate waste in all aspects of business activities is called: Continuous operations. Customer operation. Just-in-time Theory of constraints

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