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Final product

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Product that is ready for sale without significant further processing
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(October 2012)
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Inproduction, afinal product orfinished product is aproduct that is ready forsale,[1] distinguishable from a business'swork 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

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  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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