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Homework answers / question archive / The cost of finished products on hand that have not been sold is called _____

The cost of finished products on hand that have not been sold is called _____

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The cost of finished products on hand that have not been sold is called _____.

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The correct answer is finished goods inventory.

  • These goods are considered to be the most liquid of inventory and are included in the Inventory line item on the company's balance sheet.

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