Asked by Leston Alexis on Jun 12, 2024

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An auto manufacturer would classify vehicles in various stages of production as

A) finished goods.
B) merchandise inventory.
C) raw materials.
D) work in process.

Auto Manufacturer

A company that specializes in producing and selling automobiles.

Various Stages Of Production

Different phases in the manufacturing process through which a product goes, from raw materials to the final product.

Work In Process

This refers to the portion of inventory that is currently in the process of being produced but is not yet completed.

  • Determine the types of inventory relevant to a manufacturing business.
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BM
Brock MartinJun 17, 2024
Final Answer :
D
Explanation :
Vehicles in various stages of production would be classified as work in process because they are partially completed goods that are still in the production process. Finished goods would be vehicles that are complete and ready for sale, while raw materials would be the materials used to make the vehicles. Merchandise inventory would typically apply to businesses that sell goods rather than producing them.