Start learning →

Which is not a category of inventory in a manufacturer?

ARaw materials
BWork-in-progress
CFinished goods
DPlant and machinery
Answer & Solution
Correct answer: D. Plant and machinery
Plant and machinery is a fixed asset, whereas inventory covers materials, partly made and completed goods.
Practise this question with Quill — CA Inter →

Keep practising Cost Accounting

Browse all Cost Accounting questions for CA Inter, or explore more Cost and Management Accounting topics.

Start a Cost Accounting lesson →
Related questions