Which of the following applies to the raw materials used by a manufacturing company?
A)Finished goods inventory
B)Materials inventory
C)Inventory
D)Work in process inventory

Name: Which of the following applies to the raw materials used by a manufacturing company? A)Finished goods inventory B)Materials inventory C)Inventory D)Work in process inventory
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Question

Quizplus · Accepted Answer

Raw materials used by a manufacturing company are classified as materials inventory before they are used in production.

Which of the Following Applies to the Raw Materials Used