Fill in the blanks with one of the following terms: manufacturing, service, merchandising, retailer(s), wholesaler(s), raw materials inventory,merchandise inventory, work in process inventory, finished goods inventory, freight-in, the cost of merchandise.
a. _______ companies generally have no inventory.
b. Bombardier is a _______ company.
c. Merchandisers’ inventory consists of _______ and _______.
d. _______ companies carry three types of inventories: _______, _______, and _______.
e. TD Insurance is a _______ company.
f. Two types of _______ companies include _______ and _______.
g. Direct materials are stored in _______.
h. Zellers is a _______ company.
i. Manufacturers sell from their stock of _______.
j. Labour costs usually account for the highest percentage of _______ companies’ costs.
k. Partially completed units are kept in the _______.