transfers to -.when put into production, and then is transferred to --when production is completed. These cost accounts are oll, -accounts on the When Nike's products are sold, their manufacturing cost is transferred to account on the . -which is an B. Inventory F. Income Statement J. Period Costs C. Equity G. Balance Sheet K. Cost of Goods Sold D. Expense H. Statement of Cash Flows L Cost of Goods Manufactured Word bank: A. Finished Goods E. Work-In-Process I. Raw Materials