Ball Corporation sells aluminum cans to Anheuser-Busch to use in making six-packs of Budweiser. Anheuser-Busch has a warehouse located at its plant in St. Louis that contains boxes of empty cans received from Ball. From Anheuser-Busch's perspective, the cans in this warehouse represent:
A. Raw materials and components inventory.
B. Work in process inventory.
C. Finished goods inventory.
D. MRO inventory.
A. Raw materials and components inventory.
Explanation:
Inventory of items to be used in production is raw materials and component parts inventory.
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