18. what is one of the disclosures that a manufacturer must make when reporting inventory on its balance…

18. what is one of the disclosures that a manufacturer must make when reporting inventory on its balance sheet? select... the cost of its wholesale goods and retail goods inventories the cost of the raw materials, work in process, and finished goods inventories the inventory turnover rate

18. what is one of the disclosures that a manufacturer must make when reporting inventory on its balance sheet? select... the cost of its wholesale goods and retail goods inventories the cost of the raw materials, work in process, and finished goods inventories the inventory turnover rate

Answer

Brief Explanations:

Manufacturers must disclose the cost of raw - materials, work - in - process, and finished goods inventories on the balance sheet as it reflects the value of their inventory assets. The cost of wholesale and retail goods inventories is more relevant for wholesalers and retailers. Inventory turnover rate is a ratio and not a balance - sheet disclosure for inventory value.

Answer:

The cost of the raw materials, work in process, and finished goods inventories