(Classifying different types of inventory, LO 1) Whonock Ltd. (Whonock) is a manufacturer of fine wood furniture. For each of the following items, indicate whether Whonock would classify the costs associated with each of the following as inventory and, if it should be classified as inventory, whether it would be considered raw materials, work-in-process, finished goods, or supplies. Provide a brief explanation for each classification.

a. lumber

f. furniture awaiting shipment on the

b. unpainted furniture loading dock

c. furniture makers’ tools g. crates used for packing furniture for

d. fabric shipment

e. sandpaper