Question: Multiple Select Question Select all that apply Which of the following statements are true? Multiple select question. When materials are purchased they are recorded in

Multiple Select Question
Select all that apply
Which of the following statements are true?
Multiple select question.
When materials are purchased they are recorded in the Raw materials inventory account.
Direct labor costs flow through the Raw materials inventory account.
Raw materials inventory only includes the cost of direct materials.
Raw materials inventory represents the cost of materials not yet used in production.

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