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Raw material inventory appears on the A. balance sheet B. income statement C. cost of goods manufactured statement D. both a and c​
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5 votes
Raw material inventory appears on the

A. balance sheet

B. income statement

C. cost of goods manufactured statement

D. both a and c​

User Israel Zinc
by
5.5k points

2 Answers

3 votes

Answer:

d. both A and C

Step-by-step explanation:

On the balance sheet as a current asset and on The COGM statement under the work in progress inventory

User Oberon
by
5.2k points
3 votes

Raw material inventory on hand is reported on the balance sheet and is considered a company asset.

User Naren Neelamegam
by
4.9k points
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