In a manufacturing company, the cost of goods manufactured 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)Selling and Administrative costs.

Question

Quizplus · Accepted Answer

The cost of goods manufactured includes all costs related to the production process, such as raw materials used, direct labor, and manufacturing overhead. Marketing costs, depreciation of delivery trucks, and selling and administrative costs are not included in the cost of goods manufactured.

In a Manufacturing Company, the Cost of Goods Manufactured During