If a fast food restaurant has a box of toilet tissue with 100 rolls stored with its paper cups, the box of toilet tissue would be classified as
Inventory.
A) finished goods; raw materials inventory and the paper cups would be classified as
B) maintenance, repair, and operating; raw materials
C) maintenance, repair, and operating; work in progress
D) finished goods; work in progress

Question

Quizplus · Accepted Answer

Toilet tissue is considered maintenance, repair, and operating (MRO) supplies, while paper cups are classified as raw materials used in the production of the final product (serving food/drinks).

If a Fast Food Restaurant Has a Box of Toilet