Work-in-process inventory is devoted to maintenance, repair, and operating materials.

Name: Work-in-process inventory is devoted to maintenance, repair, and operating materials.
Brand: Quizplus
Rating: 4.8 (31 reviews)

Question

Quizplus · Accepted Answer

Work-in-process inventory refers to materials or goods that are in the process of being manufactured or assembled. Maintenance, repair, and operating materials are not part of the manufacturing or assembly process and are typically classified as indirect materials or supplies.

Work-In-Process Inventory Is Devoted to Maintenance, Repair, and Operating Materials