The inventory account a manufacturer uses to record the cost of products completed and available for sale is called

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Finished goods inventory is the account used by a manufacturer to record the cost of products that are completed and ready for sale. Raw materials inventory is used to record the cost of materials that have not yet been used in production, and work in process inventory is used to record the cost of unfinished products that are still being produced. Merchandise inventory is used by retailers and wholesalers to record the cost of goods they purchase for resale.

The Inventory Account a Manufacturer Uses to Record the Cost