Inventory accounts for a manufacturer include all of the following except:
A)Merchandise Inventory.
B)Finished Goods.
C)Work in Process.
D)Raw Materials.

Question

Quizplus · Accepted Answer

Merchandise inventory is typically an account used by retailers or wholesalers, not manufacturers. Manufacturers would have accounts for raw materials, work in process, and finished goods inventory.

Inventory Accounts for a Manufacturer Include All of the Following