In a manufacturing business inventory that is ready for sale is called

A) raw materials inventory.
B) work in process inventory.
C) finished goods inventory.
D) store supplies inventory.

Question

In a manufacturing business inventory that is ready for sale is calledA)  raw materials inventory.B)  work in process inventory.C)  finished goods inventory.D)  store supplies inventory.

Renato Kitner · Accepted Answer

Final Answer : C, Explanation :  Finished goods inventory refers to the inventory that is ready for sale and has been fully completed in the manufacturing process. Raw materials inventory refers to the materials used in the production process, while work in process inventory refers to goods that are still being produced but are not yet completed. Store supplies inventory refers to the inventory of supplies used by the business to keep their store running.

In a manufacturing business inventory that is ready for sale is called

A) raw materials inventory.
B) work in process inventory.
C) finished goods inventory.
D) store supplies inventory.

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Learning Objectives

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