Final_product

Final product

Final product

Product that is ready for sale without significant further processing


In production, a final product or finished product is a product that is ready for sale,[1] distinguishable from a business's work in progress, which is not yet complete or ready for sale.

For example, oil is the final product of an oil company. The farmer sells his vegetables as his final product, after they have been through the whole process of growth.


References

  1. Wouters, Mark; Selto, Frank H.; Hilton, Ronald W.; Maher, Michael W. (2012): Cost Management: Strategies for Business Decisions, International Edition, Berkshire (UK), p. 532.

See also



Share this article:

This article uses material from the Wikipedia article Final_product, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.