Examlex
All of the following statements apply to Chinese-American families EXCEPT
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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