The cost of goods manufactured line on the income statement of a manufacturer is the equivalent to the _____ line on a retailer's income statement.
A)ending merchandise inventory
B)cost of goods sold
C)cost of goods available for sale
D)cost of goods purchased

Question

Quizplus · Accepted Answer

The Answer of The cost of goods manufactured line on the income statement of a manufacturer is the equivalent to the _____ line on a retailer's income statement.
A)ending merchandise inventory
B)cost of goods sold
C)cost of goods available for sale
D)cost of goods purchased

The Cost of Goods Manufactured Line on the Income Statement