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5. The first type of inventory account for a manufacturing company: a. Work in Process b....

5. The first type of inventory account for a manufacturing company:

a. Work in Process

b. Finished Goods

c. Raw materials

d. Cost of goods sold

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Answer #1

c. Raw Materials.

(Because the company first has to procure raw materials in order to be able to further process it and create finished goods from the raw materials.)

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