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Select a manufacturing and a service organization

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Select a manufacturing and a service organization.

Identify the major raw materials, work-in-process (WIP), and finished goods for each of the two organizations. Select tangible items that can be inventoried in each of those categories.

Remember that work-in-process are items that are being transformed from raw materials to finished products.

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This assignment talks about production process. A good purchased as a "raw material" goes into the manufacture of a product. A good only partially completed during the manufacturing process is called "work in process". When the good is completed as to manufacturing but not yet sold or distributed to the end-user, it is called a "finished good". This assignment is prepared in MS word and it is about 250 words

Reference no: EM131242300

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