Finished goods inventory would normally include:
A)direct materials in stock and awaiting use in the manufacturing process
B)goods partially worked on but not yet fully completed
C)goods fully completed but not yet sold
D)products in their original form intended to be sold without changing their basic form

Question

Quizplus · Accepted Answer

Finished goods inventory refers to completed products that are ready to be sold. Option A refers to raw materials inventory, option B refers to work in progress inventory, and option D refers to merchandise inventory.

Finished Goods Inventory Would Normally Include