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Under a Just-In-Time Costing System, the Journal Entry That Is  Finished Goods Inventory Raw and In-Process Inventory \begin{array}{|l|} \hline \text { Finished Goods Inventory} \\ \hline \text { Raw and In-Process Inventory } \\\hline \end{array}

Question 29

Multiple Choice

Under a just-in-time costing system, the journal entry that is recorded when the goods are completed and moved to Finished Goods Inventory is ________.


A)  Finished Goods Inventory Raw and In-Process Inventory \begin{array}{|l|} \hline \text { Finished Goods Inventory} \\ \hline \text { Raw and In-Process Inventory } \\\hline \end{array}

B)  Finished Goods Inventory Raw and In-Process Inventory  Conversion Costs\begin{array}{|l|} \hline \text { Finished Goods Inventory} \\ \hline \text { Raw and In-Process Inventory } \\ \hline \text { Conversion Costs}\\\hline \end{array}

C)  Finished Goods Inventory  Conversion Costs \begin{array} { | l | } \hline \text { Finished Goods Inventory } \\\hline \text { Conversion Costs } \\\hline\end{array}
D) Raw and In-Process Inventory Conversion Costs Finished Goods Inventory\begin{array} { | l | } \hline \text {Raw and In-Process Inventory} \\\hline \text { Conversion Costs } \\\hline \text {Finished Goods Inventory}\\\hline\end{array}

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