9. Which of the following lists presents the accounts in the order in which product costs flow?

1. Cost of Goods Sold, Work in Process Inventory, Raw Materials Inventory, Finished Goods Inventory
2. Work in Process Inventory, Finished Goods Inventory, Cost of Goods Sold, Raw Materials Inventory
3. Raw Materials Inventory, Finished Goods Inventory, Work in Process Inventory, Cost of Goods Sold
4. Raw Materials Inventory, Work in Process Inventory, Finished Goods Inventory, Cost of Goods Sold