A group of athletic shoes in a shoe factory are partially completed but still lack their innersoles and shoestrings. These shoes are classified as

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Work-in-process inventory refers to products that are in the process of being manufactured or assembled but are not yet completed. Since the athletic shoes in the factory are partially completed and still need innersoles and shoestrings, they fall under this category of inventory.

A Group of Athletic Shoes in a Shoe Factory Are