Accounts Used to Record Product Costs. Match each of the following accounts with the appropriate description that follows.

_____ Raw materials inventory
_____ Work-in-process inventory
_____ Finished goods inventory
_____ Cost of goods sold

Used to record product costs associated with goods that are sold
Used to record the cost of materials not yet put into production
Used to record product costs associated with goods that are complete and ready to sell
Used to record product costs associated with incomplete goods in the production process