Manufacturers have three types of inventory: raw materials,work in process,and finished goods,whereas merchandisers have only raw materials inventory.

Name: Manufacturers have three types of inventory: raw materials,work in process,and finished goods,whereas merchandisers have only raw materials inventory.
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Question

Quizplus · Accepted Answer

Merchandisers only have inventory of finished goods that they purchase from manufacturers or wholesalers, while manufacturers have inventory at various stages of production.

Manufacturers Have Three Types of Inventory: Raw Materials,work in Process,and