Complete the following statements with one of the terms listed below. A term may be used once, more than once, or not at all.

• finished goods inventory
• unfinished goods
• manufacturing organisations
• service organisations
• merchandising companies

All ........typically have a single category of inventory.

..........do not have tangible products purchased for resale.

..........resell ready-made products.

The inventory of a manufacturer includes raw material.........and ..............

...........use their plant, machinery and labour to convert raw material into finished goods.