Question: 28. The management discussion and analysis (MD&A) indicated that the prices of raw material, other production materials, and parts increased. Based on the inventory valuation
28. The management discussion and analysis (MD&A) indicated that the prices of raw material, other production materials, and parts increased. Based on the inventory valuation methods described in Note 2, which inventory classification would least accurately reflect current prices?
A. Raw materials B. Finished goods C. Work in process
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