In finished goods inventory:
A)direct materials are in stock and awaiting use in the manufacturing process.
B)goods are partially worked on but not yet fully completed.
C)goods are fully completed but not yet sold.
D)products are in their original form intended to be sold but the basic form is changed basic form.
E)goods are partially completed and sold as is.

Question

Quizplus · Accepted Answer

Finished goods inventory refers to the goods that have been fully completed in the manufacturing process but have not yet been sold. They are ready to be sold to customers. Therefore, option C is the correct choice.

In Finished Goods Inventory