1 1 : Finished goods inventory would normally include direct materials in stock and awaiting use in the manufacturing process goods fully completed but not yet sold goods partially worked on but not yet fully completed products in their original form intended to be sold without changing their basic form 8 10 11 11 IL DI 1 Inventoriable costs include administrative and marketing costs are particularly useful in management accounting are also referred to as nonmanufacturing costs are expensed in the accounting period in which the products are sold 9 10