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) cost of goods sold
B) cost of goods purchased
C) cost of goods available for sale
D) ending merchandise inventory

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) cost of goods sold
B) cost of goods purchased
C) cost of goods available for sale
D) ending merchandise inventory

The Cost of Goods Manufactured Line on the Income Statement