Finished goods inventory would normally include: Select one: a. goods partially worked on but not yet fully completed b. direct materials in stock and awaiting use in the manufacturing process c. products in their original form intended to be sold without changing their basic form d. goods fully completed but not yet sold

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Finished goods inventory would normally include:
Select one:
a. goods partially worked on but not yet fully completed
b. direct materials in stock and awaiting use in the manufacturing process
c. products in their original form intended to be sold without changing their basic form
d. goods fully completed but not yet sold
Transcribed Image Text:Finished goods inventory would normally include: Select one: a. goods partially worked on but not yet fully completed b. direct materials in stock and awaiting use in the manufacturing process c. products in their original form intended to be sold without changing their basic form d. goods fully completed but not yet sold
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