Clerly Canadian Beverage Corporation-Inventories Anlysis
Clearly Canadian Beverage Corporation
Inventories analysis
A. As a manufacturing company, Clearly Canadian Corporation, which produces and markets natural and flavored beverage products is expected to hold three kinds of inventories. These inventories are carried by Clearly Canadian in every phases (input, processing, output) in manufacturing the beverage.
Inventories that are held by this company are raw material inventories, working in process inventories, and finished goods inventories. As we know, Clearly Canadian is a beverage company, the raw materials that are needed to make the beverages are natural water, sugar, artificial coloring, etc.
While after all the raw materials have been collected, the company will face the processing phase, meaning converting the raw material into finished goods, example: mixing the ingredients. This phase is categorized as working in process inventories.
Last but not least, the raw materials that have been processed and ready......
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Approximate Word Count: 1178
Approximate Pages: 5 (250 words per double-spaced page)
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