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4. Which of the following is correct regarding the flow of costs for a manufacturer? A. Inventories move from Raw Materials to Work in Process

4. Which of the following is correct regarding the flow of costs for a manufacturer?

A. Inventories move from Raw Materials to Work in Process to Finished Goods

B. Work in Process Inventory Costs Incorporate Direct Labor

C. Finished Goods Inventory Costs Incorporate Manufacturing Overhead

D. All of the Above

E. None of the Above

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