Which of the following would be in the work-in-process inventory of a company making cheese?
A)Milk and cream used to make the cheese.
B)Cheese that has been made but is curing before being ready to sell.
C)Cured cheese that is waiting to be shipped to retailers.
D)Cured cheese that has been sold to retailers.

Question

Quizplus · Accepted Answer

Work-in-process inventory includes items that are in the process of being manufactured but are not yet complete. Cheese that is curing is still in the production process and not yet ready for sale, fitting the definition of work-in-process.

Which of the Following Would Be in the Work-In-Process Inventory