Question Solved1 Answer Practice Question 03 Inventory items on an assembly line in various stages of production are classified as raw materials. merchandise inventory. finished goods. O work in process.

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Transcribed Image Text: Practice Question 03 Inventory items on an assembly line in various stages of production are classified as raw materials. merchandise inventory. finished goods. O work in process.
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Transcribed Image Text: Practice Question 03 Inventory items on an assembly line in various stages of production are classified as raw materials. merchandise inventory. finished goods. O work in process.
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Option D is correct. i.e Work in Process. Inventory Items on an assembly line in various stages of production is classified as work in process. Inventory items have to pass through various steps in process before getting available as finished goods, ready to sell. When they are i ... See the full answer