Final product

In production, a final product is a product that is ready for sale. [1]

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


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