Question: Indicate whether the following would be considered inventory for a public company like Ford Motor Corporation. If so , indicate the inventory category to which
Indicate whether the following would be considered inventory for a public company like Ford Motor
Corporation. If so indicate the inventory category to which that item would belong.
a
Engines purchased to make the Ford F
Work in Process Inventory
b Nuts and bolts purchased to attach the engine to the car body
Raw Materials Inventory
C
Spare parts purchased for the manufacturing equipment
Raw Materials Inventory
d Standby equipment in case a machine breaks down
Other
e Wages paid to assemblyline employees for unfinished goods
Other
f Rent for a manufacturing facility for unfinished goods
Other
g Wages paid to a supervisor for unfinished goods
Other
h Ford F ready to be shipped to the dealer
Finished Goods Inventory
i Manufacturing plant
Other
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