Finished Goods definition

Finished Goods means units of a manufactured product awaiting sale.
Finished Goods means each of the Products, respectively, packaged, labeled and ready for distribution and sale in finished form.

Examples of Finished Goods in a sentence

  • Finished goods are valued at lower of cost or net realizable value.

  • Finished goods are valued at cost or net realizable value whichever is lower.

  • Finished goods are valued at lower of cost or net realisable value.

  • Finished goods and work in progress: cost includes cost of direct materials and labour and a proportion of manufacturing overheads based on the normal operating capacity, but excluding borrowing costs.

  • Finished goods and work-in-process inventories include material, labor and manufacturing overhead costs.


More Definitions of Finished Goods

Finished Goods means Game Discs that have been fully assembled with the Printed Materials, cellophane wrapped and boxed for delivery to LICENSEE by NOA
Finished Goods means, for purposes of a level 1 freeport exemption, goods, wares,
Finished Goods means the Product in its final configuration for purposes of this Agreement (e.g., tablets in bottles with labels and package insert) as described in the Specifications.
Finished Goods means a manufactured Product packaged and ready for sale to the ultimate customer in the Territory.
Finished Goods means Product that has met the Product Acceptance Test criteria, and is ready for shipment.
Finished Goods means any good or product, other than a panel, containing hardwood plywood, particleboard, or medium density fiberboard.
Finished Goods means goods exclusively manufactured by the industrial unit and includes by- products, scrap, defective products either sold as such or as seconds /scrap /waste etc. which also come out as a result of its normal manufacturing activity / process.