Question 4 4 pts Goods that have been started in the manufacturing process but are not yet complete are included in: raw materials inventory work in process inventory finished goods inventory merchandise inventory D Question 5 4 pts Our company is a manufacturer and has the following data available for the current year: sales, $550,000; sales discounts, $20,000; sales returns and allowances, $15,000; and cost of goods sold, $200,000. What is the amount reported on the income statement for net sales? $530,000 $515,000 $500,000 $330,000 D Question 6 4 pts Which type of company would report work-in-process inventory as a line item on their balance sheet? service company merchandising company manufacturing company nonprofit entity