Which of the following typically would NOT have Work in Process inventory:

Name: Which of the following typically would NOT have Work in Process inventory:
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Question

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A manufacturing company typically has Work in Process inventory because they have goods in various stages of production. A merchandising company only buys and sells finished products, so they would not have Work in Process inventory. A service company also does not have Work in Process inventory as they do not produce tangible goods.

Which of the Following Typically Would NOT Have Work in Process