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1. Which of the following item is typically an example of an indirect cost of a cost object?
7. Goods available for sale that are not in the ending inventory
a) Are included in goods available for sale at the end of the year
b) Are included in the work in process inventory at the end of the year
c) Are not accounted for until the next year
d) Are incorporated in the cost of goods sold amount
8. All of the following items are debited to the work in process account EXCEPT