Just-in-time costing does not track the cost of products from Raw Materials Inventory to Work-in-Process Inventory to Finished Goods Inventory.

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Just-in-time costing focuses on reducing waste and improving efficiency by bringing materials and products to the production line only when they are needed, without excess inventory. This method does not require tracking the cost of products through traditional inventory accounts. Instead, costs are attributed to specific production activities or work cells, allowing for more accurate and flexible cost management.

Just-In-Time Costing Does Not Track the Cost of Products from Raw