Use the Information Below to Answer the Following Question(s)

Multiple Choice

Use the information below to answer the following question(s) .Toronto Industries Inc.had the following activities during the year:

-For a manufacturing company, direct material costs may be included in

A) direct materials inventory only.
B) merchandise inventory only.
C) both work-in-process inventory and finished goods inventory.
D) direct materials inventory, work-in-process inventory, and finished goods inventory accounts.
E) period costs.