At the end of the accounting period,the balance in the Work in Process inventory account reflects the cost

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The Work in Process inventory account reflects the cost of partially completed units at the end of the accounting period. This means that the total cost incurred up to that point for units that are still in process of being manufactured is recorded in the Work in Process account. Once the units are completed, their costs are transferred to the Finished Goods inventory account. Therefore, the balance in the Work in Process account is not the cost of goods manufactured nor completed units nor goods sold.

At the End of the Accounting Period,the Balance in the Work