How many of these inventory accounts are maintained by a manufacturer?
$\bullet$Stock of raw materials
$\bullet$Stock of work in process
$\bullet$Stock of finished goods

Question

Quizplus · Accepted Answer

Manufacturers typically maintain three types of inventory accounts: raw materials, work in process, and finished goods, to track the cost and quantity of each stage of production.

How Many of These Inventory Accounts Are Maintained by a Manufacturer