Products that are in the process of being manufactured but are not yet complete are called:
A) Raw materials inventory.
B) Conversion costs.
C) Cost of goods sold.
D) Goods in process inventory.
E) Finished goods inventory.

Question

Quizplus · Accepted Answer

Goods in process inventory refers to products that are in the process of being manufactured but are not yet complete.

Products That Are in the Process of Being Manufactured but Are