Vy 5. Define period cost and provide four examples. 6. Name the three inventory accounts for a manufacturing business, and describe what each balance represents at the end of the accounting period. 7. In what order should the three inventories of a manufacturing business be presented on the balance sheet? 8. What are the three categories of manufacturing costs included in the cost of finished goods and the cost of work in process? 9. How does the cost of Goods Sold section of the Income Statement differ between merchandising and manufacturing companies? E 1