What is Finished Goods (FG)?

Finished Goods Definition

There are three (3) classes of inventory in manufacturing:

  1. Raw materials
  2. Work in process (WIP)
  3. Finished goods (FG)

Finished goods are products that have completed the entire manufacturing process, but have yet to be sold or distributed to consumers.

What is Finished Goods

FAQs

What are the examples of finished goods?

FG content is being added. Stay tuned.

What is the difference between finished goods and inventory?

FG content is being added. Stay tuned.

What are unfinished goods?

FG content is being added. Stay tuned.

What is included in finished goods?

FG content is being added. Stay tuned.

The Cost
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