Cost of goods manufactured is equal to
A) total manufacturing costs plus ending materials inventory less beginning materials inventory
B) cost of goods sold plus beginning work in process inventory less ending work in process inventory
C) total manufacturing costs plus ending work in process inventory less beginning work in process inventory
D) total manufacturing costs plus beginning work in process inventory less ending work in process inventory

Question

Quizplus · Accepted Answer

Cost of goods manufactured is calculated by adding total manufacturing costs to the beginning work in process inventory and then subtracting the ending work in process inventory.

Cost of Goods Manufactured Is Equal to