A manufacturer's inventory usually consists of raw materials,work in process,and finished goods.

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Quizplus · Accepted Answer

This is true. Raw materials are the materials that are used in the production process but have not been transformed into finished products yet. Work in process refers to items that are currently being worked on, but are not yet finished. Finished goods are completed products that are ready to be sold. Together, these three categories make up a manufacturer's inventory.

A Manufacturer's Inventory Usually Consists of Raw Materials,work in Process,and