Which of the following would be in the work in process inventory of a company making ice cream?
A)Milk and cream used to make the ice cream.
B)Ice cream that has been made but is freezing to the level required for shipping.
C)Frozen ice cream that is waiting to be shipped to retailers.
D)Ice cream that is in the freezers of retailers awaiting sale to consumers.

Question

Quizplus · Accepted Answer

When the raw materials enter the production process,they become part of work in process inventory,which includes goods that are in the process of being manufactured.In this case,the work in process inventory would include the ice cream that has been made but is freezing to the level required for shipping - that is,it is still in the manufacturing process.

Which of the Following Would Be in the Work in Process