Cut out but not-yet-sewn jeans are part of the ________ inventory at a clothing manufacturer.

Question

Quizplus · Accepted Answer

Cut out but not-yet-sewn jeans are not yet finished products, so they are not part of the finished goods inventory. However, they are in the process of being turned into finished products, so they are part of the work-in-process inventory. Raw materials would be materials such as fabric or thread before they have been cut and prepared to become jeans. Just-in-time and last in, first out are inventory management methods and do not apply to this situation.

Cut Out but Not-Yet-Sewn Jeans Are Part of the ________