Which of the following is an example of work-in-process inventory for an automobile company?
A)Cars for sale in one of the company's outlets
B)Cars that are in the initial stages of the assembly line
C)Tires in the company's warehouse
D)Nuts and bolts used in the cars
E)Windshields used in the cars

Question

Quizplus · Accepted Answer

Work-in-process inventory refers to items that are in the process of being manufactured but are not yet complete. Cars that are in the initial stages of the assembly line fit this description, as they are not finished products yet.

Which of the Following Is an Example of Work-In-Process Inventory