Pamela makes cloth dolls,which she sells to friends and relatives. She has more than 200 m of fabric,100 m of ribbon,a box of 500 wiggle eyes,stuffing,20 dolls in various stages of completion,and 15 completed dolls. Which of the following terms best describes this list of items?
A)raw materials
B)component materials
C)finished products
D)inventory

Question

Pamela makes cloth dolls,which she sells to friends and relatives. She has more than 200 m of fabric,100 m of ribbon,a box of 500 wiggle eyes,stuffing,20 dolls in various stages of completion,and 15 completed dolls. Which of the following terms best describes this list of items?
A)raw materials  
B)component materials  
C)finished products  
D)inventory

Quizplus · Accepted Answer

This list of items represents Pamela's inventory, which includes raw materials (fabric, ribbon), component materials (wiggle eyes, stuffing), and finished products (the completed dolls). The fact that she also has dolls in various stages of completion indicates that she has a production process and maintains an inventory of work-in-progress. Therefore, the best choice is D: inventory.

Pamela Makes Cloth Dolls,which She Sells to Friends and Relatives