Before these materials are used to manufacture its cars, Toyota classifies steel, glass, and plastic as
A)raw materials inventory.
B)finished goods inventory.
C)work in process inventory.
D)merchandise inventory.

Question

Quizplus · Accepted Answer

Steel, glass, and plastic are classified as raw materials inventory because they are used to manufacture the cars and have not yet been transformed into finished goods.

Before These Materials Are Used to Manufacture Its Cars, Toyota