In a manufacturing organisation the transfer from the work in process inventory account to the finished goods inventory account represents:

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The transfer from the work in process inventory account to the finished goods inventory account represents the cost of goods finished during the period, as the work in process inventory includes the costs of all the materials, labor, and overheads that have been incurred to produce the unfinished goods, and the transfer to the finished goods inventory account indicates that the manufacturing process has been completed and the finished goods are ready for sale.

In a Manufacturing Organisation the Transfer from the Work in Process