Raw material and process used in business
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When the company uses raw materialsin production, it transfers them from the raw materials inventory to the work-in-progress inventory. When a company completes its work-in-process items, it adds the completed items to the finished goods inventory, marking them ready for sale...
When the company uses raw materialsin production, it transfers them from the raw materials inventory to the work-in-progress inventory. When a company completes its work-in-process items, it adds the completed items to the finished goods inventory, marking them ready for sale...
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