In addition to cost of goods manufactured, which of the following is needed to compute the cost of goods sold for a manufacturer?
A)Beginning work in process inventory less ending work in process inventory
B)Ending work in process inventory less beginning work in process inventory
C)Ending finished goods less beginning finished goods
D)Beginning finished goods less ending finished goods

Question

Quizplus · Accepted Answer

To compute the cost of goods sold, you need to add the beginning finished goods inventory to the cost of goods manufactured and then subtract the ending finished goods inventory.

In Addition to Cost of Goods Manufactured, Which of the Following