In a manufacturing company, the cost of goods completed during the period would include which of the following elements?
A) Raw materials used.
B) Beginning finished goods inventory.
C) Marketing costs.
D) Depreciation of delivery trucks.
E) All of the answers are correct.

Question

Quizplus · Accepted Answer

The cost of goods completed during the period includes all direct costs associated with the production of goods, including raw materials used. Beginning finished goods inventory, marketing costs, and depreciation of delivery trucks are not direct costs of manufacturing the goods completed during the period.

In a Manufacturing Company, the Cost of Goods Completed During