Inventory consists of raw material work in process and prepa

Inventory consists of

raw material, work in process, and prepaid rent.

raw material and finished goods.

finished goods.

raw material, work in process, and finished goods.

	a.	raw material, work in process, and prepaid rent.
	b.	raw material and finished goods.
	c.	finished goods.
	d.	raw material, work in process, and finished goods.

Correct option is > d. raw material, work in process, and finished goods.

Inventory consists of raw material, WIP and finished goods; putting together all this becomes part of total inventory of the firm.