Products that have been completed and are ready to be sold by the manufacturer are called:

Multiple Choice:

O Finished goods inventory.

O Work in process inventory.

O Raw materials inventory.

O Cost of goods sold.

O Factory supplies.

Question

Sexton

Business

20 July, 06:33

Products that have been completed and are ready to be sold by the manufacturer are called:

Multiple Choice:

O Finished goods inventory.

O Work in process inventory.

O Raw materials inventory.

O Cost of goods sold.

O Factory supplies.

+4

Answers (1)

Know the Answer?

Skylar Koch · Answer 1

The correct answer is letter "A": Finished goods inventory.

Explanation:

Finished goods inventory refers to those products that have reached their maximum level of completion and are stored in the manufacturing company inventory waiting for retailers or end-consumers to demand them. Finished goods are also called final goods.

Products that have been completed and are ready to be sold by the manufacturer are called:Multiple Choice:O Finished goods inventory.O Work in process inventory.O Raw materials inventory.O Cost of goods sold.O Factory supplies.

Products that have been completed and are ready to be sold by the manufacturer are called:

Multiple Choice:

O Finished goods inventory.

O Work in process inventory.

O Raw materials inventory.

O Cost of goods sold.

O Factory supplies.