Examlex
Match the letter on the figure with the term.
-Identify what letter E represents in the diagram.
Work in Process
Stock consisting of materials that are in the process of being transformed into final products but have not reached completion.
Finished Goods
Items that have completed the manufacturing process but have not yet been sold to customers.
Raw Materials Inventory
Stocks of the basic materials that are required to manufacture goods, kept on hand.
Raw Materials
The fundamental components used to create or produce goods.
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