An inventory which consists of stock waiting to be used In the process of manufacturing is known as Options: A . &nbspfinished goods inventory B . &nbspindirect material inventory C . &nbspdirect materials inventory D . &nbspwork in process inventory

An inventory which consists of stock waiting to be used In the process of manufa

Question

An inventory which consists of stock waiting to be used In the process of manufacturing is known as

Options:

A . finished goods inventory

B . indirect material inventory

C . direct materials inventory

D . work in process inventory

Answer: Option C
Answer: (c).direct materials inventory

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Question 9. The terms used in manufacturing cost systems are....

Question 10. The direct service labor is $5000, the idle time wages are $1000 and the overtime premium is $450, then the total figure....overtime premium is $450, then the total figure would be

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