When Using a Standard Costing System,at the End of an Accounting

Multiple Choice

When using a standard costing system,at the end of an accounting period,the balances in which of the following accounts will be at standard amounts?

A) Raw materials inventory and Work in process only
B) Cost of goods sold only
C) Finished goods and cost of goods sold only
D) Raw materials,Work in process,Finished goods,and Cost of goods sold