When determining the ending balances in the inventory accounts, the ending balance the Work-In-Process Inventory account represents the manufacturing costs of
A) units that are completed.
B) units that are sold.
C) units not yet started into production.
D) units started into production but not finished.

Question

Quizplus · Accepted Answer

The Work-In-Process Inventory account includes costs for units that have been started in production but are not yet completed.

When Determining the Ending Balances in the Inventory Accounts, the Ending