Job shops have three types of inventory accounts: Finished Goods,Work-in-Process,and Direct Materials.

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Job shops typically have these three types of inventory accounts. Finished Goods are completed products waiting to be shipped to the customer, Work-in-Process refers to partially completed products that are still being worked on, and Direct Materials are materials that have been purchased but not yet used in production.

Job Shops Have Three Types of Inventory Accounts: Finished Goods,Work-In-Process,and