Cost of goods manufactured figure


The Cost of Goods Manufactured Statement summarizes the periodic production operations for a company. On the face of that schedule are intermediate calculations supporting the cost of goods manufactured figure. The beginning Work-in-Process inventory plus the total of the manufacturing costs equals

(a)total finished goods during the period.

(b)cost of goods sold for the period.

(c)total work-in-process during the period.

(d)cost of goods manufactured for the period.

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Accounting Basics: Cost of goods manufactured figure
Reference No:- TGS068076

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