Which of the following activities is not part of the production cycle?
A)Managing raw materials
B)Planning production
C)Keeping the finished goods
D)Handling variances for standard and actual costs of goods manufactured

Question

Quizplus · Accepted Answer

Keeping finished goods is not part of the production cycle, as it is usually carried out after the production cycle has been completed. The production cycle includes activities such as managing raw materials, planning production, and handling variances for standard and actual costs of goods manufactured.

Which of the Following Activities Is Not Part of the Production