Why do lean manufacturers use a raw and in process inventory account, rather than separately reporting materials

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Why do lean manufacturers use a "raw and in process inventory" account, rather than separately reporting materials and work in process?

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Financial And Managerial Accounting

ISBN: 9781337119207

14th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Question Posted: May 22, 2017 10:01 AM

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Why do lean manufacturers use a raw and in process inventory account, rather than separately reporting materials

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The raw and in process inventory account combines the materials ...View the full answer

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